上海沪工：提前赎回“沪工转债”

Core Viewpoint - Shanghai Huguang (603131.SH) has triggered the conditional redemption clause for its convertible bonds due to the stock price exceeding 130% of the conversion price for fifteen consecutive trading days [1] Group 1: Stock Performance and Redemption Trigger - The stock price of Shanghai Huguang has been above 27.417 CNY per share, which is 130% of the conversion price of 21.09 CNY per share, for fifteen trading days from November 12, 2025, to December 9, 2025 [1] - The company has convened the 12th meeting of the 5th Board of Directors on December 9, 2025, to review the proposal for the early redemption of the convertible bonds [1] Group 2: Redemption Decision - The Board of Directors has decided to exercise the early redemption right for the "Huguang Convertible Bonds," redeeming all unconverted bonds at face value plus accrued interest as of the redemption registration date [1]