NONFEMET(SZ:000060) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-06 03:35Core Viewpoint - The company has announced the early redemption of its convertible bonds, "ZJin Convertible Bonds," with specific terms and conditions for investors to be aware of [2][3][8]. Group 1: Redemption Details - The redemption price for "ZJin Convertible Bonds" is set at 100.70 CNY per bond, including accrued interest at a 2.00% annual rate [2][10]. - The redemption conditions are met as of October 30, 2025, and the bonds will be fully redeemed on November 26, 2025 [3][8]. - The last trading day for "ZJin Convertible Bonds" is November 21, 2025, after which trading will cease [2][15]. Group 2: Issuance Overview - The company issued 38 million convertible bonds on July 20, 2020, with a total amount of 380 million CNY and a maturity of six years [4][5]. - The initial conversion price was set at 4.71 CNY per share, which has been adjusted to 4.29 CNY per share as of the latest update [5][6]. Group 3: Redemption Procedures - The redemption registration date is November 25, 2025, and the funds will be credited to investors' accounts by December 3, 2025 [12][17]. - Investors are advised to convert their bonds before the trading halt to avoid forced redemption [2][3][8]. Group 4: Trigger Conditions for Redemption - The redemption clause was triggered as the company's stock price exceeded 130% of the conversion price for at least 15 trading days [8][6]. - The board of directors approved the early redemption on October 30, 2025, following the fulfillment of the redemption conditions [3][8].