GuoCheng Mining(SZ:000688) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-30 22:36Core Viewpoint - The company has decided to exercise its right to redeem the "Guocheng Convertible Bonds" early due to market conditions and internal considerations, with a redemption price set at 100.82 CNY per bond, including interest and tax [4][12][13]. Summary by Sections Redemption Details - The redemption price for the "Guocheng Convertible Bonds" is 100.82 CNY per bond, which includes accrued interest at a rate of 2.00% [12][13]. - The redemption conditions are met as the stock price has been above 130% of the conversion price for the required trading days [11]. - The redemption will occur on December 12, 2025, with the last trading day being December 9, 2025 [5][19]. Bond Issuance and Trading - The company issued 8,500,000 convertible bonds on July 15, 2020, with a total value of 85 million CNY [4]. - The bonds were listed on the Shenzhen Stock Exchange on August 10, 2020, under the code "127019" [4]. Conversion Terms - The conversion period for the bonds started on January 21, 2021, and will end on July 14, 2026 [7]. - 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 [9][10]. Redemption Process - The redemption will be executed for all bonds that remain unconverted as of the redemption registration date, December 11, 2025 [14][19]. - Investors will receive their redemption funds by December 19, 2025 [19]. Additional Information - Investors are advised to consult their brokerage firms for the conversion process and to ensure timely actions regarding their bonds [20].