Group 1 - The core announcement is regarding the maturity and redemption of the "Yunhu Convertible Bonds" (烽火转债), with a redemption amount of RMB 106 per bond [2][3][7] - The maturity date and redemption registration date for the bonds is set for December 1, 2025, with the payment date for the principal and interest on December 2, 2025 [4][6][7] - The last trading day for the convertible bonds is November 26, 2025, and trading will cease on November 27, 2025 [4][5][9] Group 2 - The total issuance of the Yunhu Convertible Bonds was 30,883,500 bonds, with a total amount of RMB 308,835 million, and a maturity period of 6 years [2][3] - The interest rates for the bonds increased progressively from 0.2% in the first year to 2.0% in the sixth year [2] - The bonds will be redeemed at 106% of the face value, which includes the final interest payment [3][7] Group 3 - The company has initiated a share repurchase program, with a total repurchase amount between RMB 75 million and RMB 150 million, and a maximum repurchase price of RMB 40.53 per share [12][14] - As of November 21, 2025, the company has repurchased 3,098,774 shares, representing approximately 0.24% of the total share capital, with a total transaction amount of approximately RMB 74.98 million [14] - The repurchased shares will be used for cancellation and reduction of the company's registered capital [12][14]
烽火通信科技股份有限公司 关于“烽火转债”到期兑付暨摘牌的公告