Core Viewpoint - The company, Guangdong Zhongqi New Materials Co., Ltd., has announced the early redemption of its convertible bonds, "Zhongqi Convertible Bonds," with a redemption price of 100.805 yuan per bond, including interest and tax [1][11]. Group 1: Redemption Details - The redemption price for "Zhongqi Convertible Bonds" is set at 100.805 yuan per bond, which includes interest and tax [1][11]. - The company will redeem all outstanding "Zhongqi Convertible Bonds" on December 22, 2025, with the redemption registration date being December 19, 2025 [2][3]. - The bonds will stop trading on December 17, 2025, and the conversion of bonds into shares will cease on December 22, 2025 [3][15]. Group 2: Bond Issuance and Conditions - The company issued 5.4 million convertible bonds on March 3, 2023, with a total value of 54 million yuan and a maturity period of six years [2][4]. - The initial conversion price was set at 30.27 yuan per share, which has been adjusted multiple times, with the latest adjustment bringing it down to 14.76 yuan per share effective from May 29, 2025 [4][7][10]. - The conditional redemption clause was triggered as the stock price exceeded 130% of the conversion price for at least 15 trading days [10]. Group 3: Redemption Process - The company will notify bondholders of the redemption details through announcements prior to the redemption date [13]. - The redemption funds will be credited to the accounts of bondholders by December 29, 2025 [16]. - After the redemption is completed, "Zhongqi Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [16].
广东中旗新材料股份有限公司关于提前赎回“中旗转债”的第一次提示性公告