ENERGY TECHNOLOGY(SZ:002812) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-08 00:22Core Points - The company announced the redemption results of its convertible bond "Enjie Convertible Bond" [1] - The bond was issued on February 11, 2020, with a total amount of 1.6 million bonds, each with a face value of 100 yuan, totaling 160 million yuan, with a term of 6 years [2][27] - The bond was listed on the Shenzhen Stock Exchange on February 28, 2020 [3][28] - The bond's conversion price has been adjusted multiple times due to various corporate actions, with the latest adjustment setting it at 32.01 yuan per share as of February 11, 2025 [12][37] Redemption Overview - The company has the right to redeem the bonds if the stock price exceeds 130% of the conversion price for 15 trading days within a 30-day period or if the remaining balance of the bonds is less than 30 million yuan [14][39] - The redemption was triggered between September 10 and October 9, 2025, when the stock price met the criteria [15][40] - The board of directors approved the early redemption of the bonds on October 9, 2025 [16][41] Redemption Implementation - The redemption price was set at 101.44 yuan per bond, including accrued interest [17][42] - The total number of bonds redeemed was 24,163, amounting to a total redemption payment of approximately 2.45 million yuan [22][47] - The bonds will be delisted from the Shenzhen Stock Exchange on November 10, 2025, following the full redemption [24][47] Impact on Capital Structure - The total face value of the redeemed bonds accounted for 0.1510% of the total issuance, which will not significantly impact the company's financial condition or cash flow [23] - The total number of shares increased by 31,705,156 due to the conversion of the bonds, leading to a temporary dilution of earnings per share [25]