衢州东峰新材料集团股份有限公司 关于“东风转债”到期兑付结果暨股份变动的公告

Core Viewpoint - The company has issued convertible bonds totaling RMB 29,532.80 million, with a six-year term and a tiered interest rate structure, which will mature on December 24, 2025 [2]. Group 1: Convertible Bond Issuance - The company issued 2,953,280 convertible bonds at a face value of RMB 100 each, approved by the China Securities Regulatory Commission [2]. - The interest rates for the bonds are structured as follows: 0.40% for the first year, 0.60% for the second year, 1.00% for the third year, 1.50% for the fourth year, 1.80% for the fifth year, and 2.00% for the sixth year [2]. Group 2: Redemption and Conversion Details - The redemption date for the bonds is set for December 23, 2025, with a total redemption amount of RMB 112 per bond, including the final interest payment [3]. - As of December 23, 2025, a total of RMB 293,768,000 worth of bonds have been converted into 94,689,715 shares, representing 7.10% of the company's total share capital prior to conversion [3][6]. Group 3: Impact on Share Capital - From October 1, 2025, to December 23, 2025, RMB 188,542,000 worth of bonds were converted into 60,819,321 shares, leading to a dilution of existing shareholders' equity [4][7]. - The total share capital increased to 1,924,470,671 shares as a result of the conversions, with the controlling shareholder's stake diluted from 30.07% to 29.12% [7][8]. Group 4: Major Shareholder Changes - The major shareholders, including the controlling shareholder, did not change their total number of shares held, but their ownership percentages were diluted due to the bond conversions [8].