HONGLU(SZ:002541) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-20 02:03Core Points - The company announced the conditional redemption of its convertible bonds, "Honglu Convertible Bonds," allowing bondholders to sell back part or all of their unconverted bonds [2][3][12] - The redemption price is set at 100.312 CNY per bond, including interest and tax [3][8] - The redemption conditions were triggered due to the company's stock price being below 70% of the conversion price for 30 consecutive trading days [3][18] Redemption Details - Redemption Price: 100.312 CNY per bond, which includes accrued interest calculated at a rate of 2.0% for the current interest period [7][8] - Redemption Period: Bondholders can submit their redemption requests from December 5, 2025, to December 11, 2025 [5][10] - Payment Dates: Funds will be credited to the company on December 16, 2025, with payments to bondholders on December 18, 2025 [5][11] Trading and Conversion Suspension - The company will suspend the conversion of "Honglu Convertible Bonds" during the redemption period from December 5, 2025, to December 11, 2025, but trading will continue [19][17] - Conversion will resume on December 12, 2025, after the redemption period ends [19][17] Legal and Regulatory Compliance - The company has ensured compliance with relevant regulations and will publish announcements regarding the redemption process in specified financial newspapers and platforms [9][12]