双乐颜料股份有限公司向不特定对象发行可转换公司债券募集说明书提示性公告
Zheng Quan Shi Bao·2025-12-23 18:33

Core Points - The company, Shuangle Pigment Co., Ltd., has received approval from the China Securities Regulatory Commission to issue convertible bonds totaling RMB 800 million [1][4] - The bonds will be issued to unspecified investors, with priority given to existing shareholders on the record date of December 25, 2025 [1][30] - The bonds will be convertible into company shares, with an initial conversion price set at RMB 36.70 per share [15] Group 1: Issuance Details - The total amount of the convertible bonds to be issued is RMB 800 million, with a total of 8 million bonds available [4] - Each bond has a face value of RMB 100 and will be issued at par value [5] - The bonds will have a term of 6 years, from December 26, 2025, to December 25, 2031 [6] Group 2: Interest and Payment Terms - The coupon rates for the bonds will increase over the term, starting at 0.20% in the first year and reaching 1.80% in the sixth year [7] - Interest will be paid annually, with the first payment occurring one year after the issuance date [11] Group 3: Conversion and Redemption - The conversion period for the bonds will begin on July 6, 2026, and will last until the maturity date [14] - The company has the right to redeem the bonds at 110% of the face value after the maturity date if they remain unconverted [24] - Holders can also sell back the bonds to the company under certain conditions if the stock price falls below 70% of the conversion price during the last two interest years [26] Group 4: Shareholder Rights - Shares obtained through conversion will have the same rights as existing shares, including participation in dividend distributions [28] - The bonds will not have a lock-up period, allowing investors to trade them on the first day of listing [39] Group 5: Subscription and Distribution - The subscription for the bonds will open on December 26, 2025, with existing shareholders having priority [29][30] - Public investors can also participate in the online issuance, with a minimum subscription of 10 bonds [35]