金隅冀东水泥集团股份有限公司 关于“冀东转债”回售的第三次提示公告

Summary of Key Points Core Viewpoint - The company, Jinyu Jidong Cement Group Co., Ltd., has triggered a conditional redemption clause for its convertible bonds due to its stock price falling below 70% of the conversion price for 30 consecutive trading days, allowing bondholders to redeem their bonds at a specified price [1][2]. Redemption Overview - The redemption price is set at 100.258 CNY per bond, including interest and tax [5]. - The redemption application period is from December 22, 2025, to December 26, 2025 [1]. - The company’s stock price has been below 9.11 CNY (70% of the conversion price of 13.01 CNY) for the required period [2][9]. - Bondholders can redeem all or part of their convertible bonds at face value plus accrued interest [1][2]. Interest Calculation - The accrued interest for the bonds is calculated using the formula: IA = B × i × t / 365, where B is the total face value of the bonds, i is the annual coupon rate of 2.00%, and t is the number of days from the last interest payment to the redemption date [3][4]. - The calculated accrued interest amounts to 0.258 CNY per bond [4]. Tax Implications - Individual investors and securities investment funds will have a 20% tax withheld on interest income, resulting in a net redemption amount of 100.206 CNY per bond [6]. - Qualified foreign institutional investors (QFII and RQFII) are exempt from income tax, receiving the full redemption amount of 100.258 CNY [6]. Redemption Process and Payment - The company will announce the redemption details in compliance with regulatory requirements, including daily reminders during the redemption period [7]. - Bondholders must submit their redemption applications through the Shenzhen Stock Exchange trading system within the specified period [8]. - Payment for the redeemed bonds will be processed by the China Securities Depository and Clearing Corporation Limited, with funds expected to be credited to investors by January 6, 2026 [8]. Trading and Conversion During Redemption Period - The convertible bonds will continue to trade during the redemption period but will not be convertible into shares [9].