国城矿业股份有限公司关于提前赎回“国城转债”的第七次提示性公告

Core Viewpoint - Guocheng Mining Co., Ltd. has announced the early redemption of its convertible bonds, "Guocheng Convertible Bonds," due to the fulfillment of certain conditions, including the stock price exceeding the conversion price for a specified period [4][11]. Summary by Sections Redemption Announcement - The company has decided to exercise its right to redeem the "Guocheng Convertible Bonds" early, following a board meeting on November 19, 2025 [4][11]. - The redemption price is set at 100.82 CNY per bond, which includes accrued interest at an annual rate of 2.00% [2][12]. Redemption Schedule - Key dates include: - Redemption condition satisfaction date: November 19, 2025 - Trading suspension date: December 9, 2025 - Redemption registration date: December 11, 2025 - Suspension of conversion date: December 12, 2025 - Redemption date: December 12, 2025 - Funds arrival date: December 17, 2025 - Investor funds arrival date: December 19, 2025 [5][16]. Convertible Bond Details - The company issued 8,500,000 convertible bonds on July 15, 2020, with a total value of 85 million CNY [4][6]. - The initial conversion price was set at 21.07 CNY per share, which has been adjusted multiple times, currently standing at 12.58 CNY per share [6][8]. Conditions for Redemption - The company can redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 trading days [9][11]. - As of October 30, 2025, the stock price met this condition, triggering the redemption [11]. Redemption Process - The company will provide daily announcements regarding the redemption process leading up to the redemption date [16]. - All bondholders registered by the redemption registration date will be eligible for the redemption [14].