Core Viewpoint - The company, Shandong Hengbang Smelting Co., Ltd., has announced the early redemption of its convertible bonds, "Hengbang Convertible Bonds," with specific dates for trading cessation and conversion deadlines [1][2][3]. Group 1: Redemption Details - The last trading day for "Hengbang Convertible Bonds" is November 24, 2025, after which trading will cease [2]. - The last conversion day is November 27, 2025, where bondholders can still convert their bonds before market close [3]. - The redemption price is set at 100.28 yuan per bond, including accrued interest at an annual rate of 0.6% [4][12]. Group 2: Redemption Schedule - The redemption condition was met on October 17, 2025, and the bonds will be fully redeemed on November 28, 2025 [5][11]. - The funds from the redemption will be credited to bondholders' accounts by December 5, 2025 [16]. Group 3: Convertible Bond Issuance - The company issued 31.6 million convertible bonds on June 12, 2023, with a total fundraising amount of 316 million yuan [6][23]. - The net amount raised after deducting issuance costs was approximately 3.13 billion yuan [6]. Group 4: Conversion Statistics - As of November 18, 2025, a total of 231,409,617 shares have been converted from the bonds, representing 20.16% of the company's total shares before conversion [22][26]. - There are still 5,704,715 bonds unconverted, which is 18.05% of the total issued bonds [22][26].
山东恒邦冶炼股份有限公司关于提前赎回恒邦转债实施暨即将停止交易的重要提示性公告