JINHONG GAS(SH:688106) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-27 02:51Core Viewpoint - The company has announced the terms for the repurchase of its convertible bonds, "Jinhong Convertible Bonds," allowing bondholders to sell their bonds back to the company at a specified price due to changes in the use of raised funds [1][5]. Group 1: Repurchase Terms - The repurchase price for "Jinhong Convertible Bonds" is set at 100.38 RMB per bond, which includes the accrued interest [2][8]. - The repurchase period is from December 3, 2025, to December 9, 2025, with funds to be disbursed on December 12, 2025 [2][9]. - During the repurchase period, the "Jinhong Convertible Bonds" will stop converting into shares but will continue to trade [11]. Group 2: Repurchase Conditions - Bondholders have the right to choose whether to participate in the repurchase, and it is not mandatory [5][6]. - The repurchase is triggered if there are significant changes in the implementation of the fundraising compared to the commitments made in the prospectus [1][5]. - The calculation of accrued interest for the repurchase is based on a coupon rate of 1.00% for the third year, with the interest amounting to approximately 0.38 RMB per bond [1][8]. Group 3: Repurchase Process - Bondholders must submit their repurchase requests through the Shanghai Stock Exchange trading system during the designated period [6][7]. - If a submission fails on the first day, bondholders can continue to submit requests on subsequent days within the repurchase period [7]. - The company will announce the results of the repurchase and its impact after the repurchase period ends [10]. Group 4: Contact Information - For inquiries, bondholders can contact the company's securities department at 0512-65789892 [12].