Humon Share(SZ:002237) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-23 22:20Core Points - The company has announced the redemption of its convertible bonds, "Hengbang Convertible Bonds," due to the fulfillment of certain conditions [6][10] - The last trading day for "Hengbang Convertible Bonds" is set for November 24, 2025, after which trading will cease [2][5] - The last conversion date for the bonds is November 27, 2025, and any unconverted bonds will be forcibly redeemed [3][5] Redemption Details - The redemption price for "Hengbang Convertible Bonds" is set at 100.28 CNY per bond, including accrued interest at an annual rate of 0.6% [4][12] - The conditions for redemption were met on October 17, 2025, when the stock price exceeded 130% of the conversion price for 15 out of 30 trading days [10] - The redemption process includes a series of key dates: trading stops on November 25, 2025, redemption registration on November 27, 2025, and redemption execution on November 28, 2025 [5][17] Bond Issuance and Trading - The company issued 31.6 million convertible bonds on June 12, 2023, raising a total of 316 million CNY, with a net amount of approximately 312.99 million CNY after expenses [7] - The bonds were listed for trading on the Shenzhen Stock Exchange starting July 7, 2023, under the code "127086" [7] - The conversion period for the bonds is from December 18, 2023, to June 11, 2029 [7] Conversion Price Adjustments - The conversion price has been adjusted twice: from 11.46 CNY to 11.33 CNY on June 12, 2024, and then to 11.19 CNY on June 12, 2025 [8][10] Additional Information - The company will provide daily announcements regarding the redemption process leading up to the redemption date [14] - Holders of the bonds must process conversion requests through their respective securities firms [18]