NONFEMET(SZ:000060) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-03 23:36Core Viewpoint - The company has announced the early redemption of its convertible bonds, "中金转债," with specific terms and conditions outlined for investors [3][8][10]. Group 1: Redemption Details - The redemption price for "中金转债" is set at 100.70 CNY per bond, including accrued interest at a current annual rate of 2.00% [2][10][11]. - The redemption conditions are met as of October 30, 2025, and the bonds will be fully redeemed on November 26, 2025 [3][8][10]. - The last trading day for "中金转债" is November 21, 2025, after which the bonds will stop trading and converting [2][15][17]. Group 2: Issuance Overview - "中金转债" was issued on July 20, 2020, with a total of 38 million bonds at a face value of 100 CNY each, amounting to a total issuance of 3.8 billion CNY [4][5]. - The bonds have a maturity of six years and a tiered interest rate structure, starting from 0.20% in the first year to 2.00% in the sixth year [4][5]. Group 3: Conversion and Pricing Adjustments - The initial conversion price was set at 4.71 CNY per share, with adjustments made over time due to annual equity distributions, the latest being 4.29 CNY per share [5][6]. - The conditional redemption clause allows the company to redeem the bonds if the stock price exceeds 130% of the conversion price for a specified period [6][8]. Group 4: Redemption Process - The redemption process includes a series of announcements leading up to the redemption date, ensuring that all bondholders are informed [14][17]. - The funds from the redemption will be credited to the bondholders' accounts by December 3, 2025 [17].