明阳电路：关于“明电转02”可能触发赎回条件的提示性公告

Core Viewpoint - The announcement from Mingyang Circuit indicates that the company's stock price has consistently exceeded 130% of the conversion price for its convertible bonds, which may trigger conditional redemption clauses in the future [2] Summary by Relevant Sections - Stock Performance - From October 31, 2025, to November 13, 2025, the closing price of the company's stock has not fallen below 130% of the current conversion price for 10 trading days [2] - Specifically, from October 31 to November 3, the stock price was above 130% of the conversion price of 11.74 CNY/share (15.2620 CNY/share) for 2 trading days [2] - From November 4 to November 13, the stock price was above 130% of the conversion price of 11.76 CNY/share (15.2880 CNY/share) for 8 trading days [2] - Conditional Redemption Clause - If the stock price continues to meet the criteria of being above 130% of the conversion price for at least 15 out of any 30 consecutive trading days, the company’s board has the right to redeem all or part of the unconverted "Mingdian Convertible Bonds 02" at face value plus accrued interest [2]