NONFEMET(SZ:000060) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-21 00:35Core Viewpoint - The company has announced the early redemption of its convertible bonds, "中金转债," which will be fully redeemed at a price of 100.70 yuan per bond, including accrued interest, due to the triggering of redemption conditions based on stock price performance [5][14]. Group 1: Redemption Details - The last conversion date for "中金转债" is November 25, 2025, after which unconverted bonds will cease to be convertible [2]. - The redemption price is set at 100.70 yuan per bond, which includes accrued interest at a rate of 2.00% [3][15]. - The redemption conditions were met as the company's stock price was above 130% of the conversion price for at least 15 trading days [14]. Group 2: Redemption Schedule - The redemption registration date is November 25, 2025, and the redemption will occur on November 26, 2025 [4][22]. - Trading of "中金转债" will stop on November 21, 2025 [20]. - The funds from the redemption will be credited to the company's account on December 1, 2025, and to bondholders' accounts on December 3, 2025 [23]. Group 3: 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 yuan each, amounting to a total of 3.8 billion yuan [7]. - The bond has a maturity of 6 years and a tiered interest rate structure, starting from 0.20% in the first year to 2.00% in the sixth year [7]. - The initial conversion price was set at 4.71 yuan per share, which has been adjusted to 4.29 yuan per share due to various corporate actions [7][11].