CHANT GROUP(SZ:002616) Shang Hai Zheng Quan Bao·2025-10-26 18:09Core Viewpoint - Guangdong Changqing (Group) Co., Ltd. has announced the early redemption of its convertible bonds "Changji Convertible Bonds" due to the fulfillment of redemption conditions, with a redemption price set at 101.151 yuan per bond, including accrued interest [2][3][12]. Group 1: Redemption Details - The redemption price for "Changji Convertible Bonds" is 101.151 yuan per bond, which includes an annual interest rate of 2% [2][13]. - The redemption conditions are met as of October 13, 2025, and the bonds will stop trading on October 30, 2025 [2][12]. - The redemption registration date is November 3, 2025, and the redemption date is November 4, 2025 [2][16]. Group 2: Bond Issuance and Trading - The company issued 8 million convertible bonds on April 9, 2020, with a total issuance amount of 800 million yuan [4][5]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting May 13, 2020 [5]. Group 3: Conversion and Price Adjustments - The conversion period for the bonds is from April 15, 2020, to April 8, 2026 [5]. - The conversion price has been adjusted multiple times, with the latest adjustment setting it at 5.15 yuan per share effective from September 24, 2025 [8][12]. Group 4: Redemption Conditions - The company has the right to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [10][12]. - The stock price condition was met from September 15 to October 13, 2025, triggering the early redemption [12]. Group 5: Redemption Process - The company will provide daily announcements regarding the redemption until the redemption date [16]. - After the redemption, the bonds will be delisted from the Shenzhen Stock Exchange [16].