NONFEMET(SZ:000060) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-15 23:15Core Viewpoint - The company has announced the early redemption of its convertible bonds, "中金转债," with specific terms and conditions for investors to be aware of [3][8][10]. Group 1: Redemption Details - The redemption price for "中金转债" is set at 100.70 CNY per bond, including accrued interest at a current annual rate of 2.00% [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 "中金转债" will be November 21, 2025, after which trading will cease [2][15]. Group 2: Issuance Overview - "中金转债" was issued on July 20, 2020, with a total of 38 million bonds and a total issuance amount of 380 million CNY [4][5]. - The bonds have a maturity of six years and a tiered interest rate structure, starting from 0.20% in the first year to 2.00% in the sixth year [4]. Group 3: Conversion and Pricing - 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]. - The conversion price adjustments have occurred due to annual equity distributions, with the latest adjustment taking effect on June 26, 2025 [5]. Group 4: Redemption Process - The redemption process includes a series of key dates: 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 ensure that any pledged or frozen bonds are released before the last trading day to avoid forced redemption [2][3].