Core Viewpoint - Xinhua Group plans to issue exchangeable bonds backed by its shares in Yunnan Baiyao, with a total issuance scale of up to 2 billion RMB [2][4]. Group 1: Exchangeable Bonds Issuance - Xinhua Group intends to issue exchangeable bonds using part of its A-share holdings in Yunnan Baiyao as collateral [2]. - The issuance has received approval from the Shenzhen Stock Exchange, confirming it meets the listing conditions [2]. - The bonds will be managed by Guosen Securities as the nominal holder, with specific accounts set up for the transaction [2]. Group 2: Bond Details - The total issuance scale of the bonds is capped at 2 billion RMB [4]. - The bonds have a coupon rate of 0.1% and a maturity period of 3 years [4]. - The initial conversion price is set at 71.66 RMB per share, with the conversion period starting from April 23, 2026, to October 20, 2028 [4][3].
云南白药集团股份有限公司 关于持股5%以上股东非公开发行可交换公司债券发行完成的公告