NONFEMET(SZ:000060) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-18 17:09Core Points - The company has announced the early redemption of its convertible bonds, "中金转债," due to the triggering of redemption conditions based on stock price performance [6][15] - The last trading day for "中金转债" is set for November 20, 2025, after which trading will cease [2][20] - The final conversion date is November 25, 2025, and any unconverted bonds will be forcibly redeemed [3][22] Redemption Details - The redemption price for "中金转债" is set at 100.70 CNY per bond, including accrued interest [4][17] - The redemption conditions were met as the stock price exceeded 130% of the conversion price for at least 15 trading days [15] - The redemption registration date is November 25, 2025, and the actual redemption will occur on November 26, 2025 [5][22] Bond Issuance Overview - "中金转债" was issued on July 20, 2020, with a total of 38 million bonds at a face value of 100 CNY each, amounting to a total of 3.8 billion CNY [7] - The bond has a maturity of 6 years and a tiered interest rate structure, culminating in a 2.00% rate in the final year [7] Conversion Price Adjustments - The initial conversion price was set at 4.71 CNY per share, with subsequent adjustments due to annual profit distributions [7][8][9][10][11] - The latest conversion price is 4.29 CNY per share, effective from June 26, 2025 [11] Redemption Process - The company will provide daily announcements regarding the redemption process leading up to the redemption date [20] - After the redemption, "中金转债" will be delisted from the Shenzhen Stock Exchange [22]