Humon Share(SZ:002237) Shang Hai Zheng Quan Bao·2025-11-03 20:05Core Viewpoint - Shandong Hengbang Smelting Co., Ltd. has announced the early redemption of its convertible bonds "Hengbang Convertible Bonds" due to the fulfillment of redemption conditions, with a redemption price set at 100.28 yuan per bond, including accrued interest [4][2][3]. Group 1: Redemption Details - The redemption price for "Hengbang Convertible Bonds" is 100.28 yuan per bond, which includes an annual interest rate of 0.6% for the current period [2][3]. - The conditions for redemption were met on October 17, 2025, and the bonds will stop trading on November 25, 2025 [3][4]. - The redemption date is set for November 28, 2025, with funds expected to reach investors' accounts by December 5, 2025 [3][18]. Group 2: Bond Issuance and Trading - The company issued 31.6 million convertible bonds on June 12, 2023, with a total fundraising amount of 316 million yuan [4][5]. - The bonds were listed for trading on the Shenzhen Stock Exchange starting July 7, 2023, under the name "Hengbang Convertible Bonds" [6]. Group 3: Conversion and Adjustment - The conversion period for the bonds is from December 18, 2023, to June 11, 2029, with the conversion price adjusted from 11.46 yuan to 11.33 yuan on June 12, 2024, and further adjusted to 11.19 yuan on June 12, 2025 [7][8]. - The company has the right to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days [9][11].