彤程新材料集团股份有限公司关于“彤程转债”赎回结果暨股份变动的公告

Core Viewpoint - The company has triggered the conditional redemption clause for its convertible bonds, "Tongcheng Convertible Bonds," due to the stock price exceeding 130% of the conversion price for 15 trading days, leading to an early redemption decision by the board of directors [2][3]. Redemption Details - The company announced the early redemption of "Tongcheng Convertible Bonds" at a price of 101.44 yuan per bond, which includes accrued interest [7]. - The total amount for the redemption is 1,572,320.00 yuan, covering 15,500 bonds, with the payment date set for November 14, 2025 [5][10]. - The redemption registration date is November 13, 2025, and the bonds will be delisted on the same day [6][10]. Impact on Company - The redemption will not significantly impact the company's cash flow, as the total redemption amount is relatively small compared to the company's financial position [10]. - Following the redemption, the company's total share capital will increase to 616,141,306 shares, which may dilute earnings per share in the short term but is expected to strengthen the company's capital structure and reduce future interest expenses [10]. Shareholder Changes - The controlling shareholder, RED AVENUE INVESTMENT GROUP LIMITED, and its concerted party, Virgin Holdings Limited, hold a combined total of 375,570,200 shares, representing 60.96% of the total share capital after the redemption [12]. - Virgin Holdings Limited has fully released its pledged shares, and there are currently no pledged shares held by the controlling shareholder or its concerted parties [12].