TIANSHAN ALUMINUM(SZ:002532) Zheng Quan Shi Bao·2025-11-12 18:49Core Viewpoint - The company, Tianshan Aluminum Group Co., Ltd., announces the full redemption of its 2024 non-publicly issued exchangeable bonds by its controlling shareholder, Shihezi Jinlong Energy Industry Chain Co., Ltd., with the redemption date set for November 18, 2025 [1][10]. Redemption Details - The redemption of the bonds, known as "24 Jinlong EB01" (bond code: 117225.SZ), will occur on November 18, 2025, with the redemption price set at RMB 100.4808 per bond, including accrued interest [3][5]. - The redemption registration date is November 17, 2025, and the funds will be credited to investors' accounts on the same day [3][5]. - The bonds will be fully redeemed, and investors who purchase the bonds on November 17, 2025, will be entitled to the principal and interest [4][5]. Interest Payment - The bonds will accrue interest from December 2, 2024, to November 17, 2025, with a nominal annual interest rate of 0.5%. Each 10 bonds (face value of RMB 1,000) will yield RMB 4.808 in interest (tax included) [7][13]. - After tax, individual and mutual fund bondholders will receive RMB 3.847 per 10 bonds, while non-resident enterprises will receive the full RMB 4.808 [7][13]. Implementation Procedure - The company will entrust China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, to handle the redemption process. The redemption funds will be transferred to the designated bank account two trading days prior to the redemption date [7][13].