Shang Hai Zheng Quan Bao·2025-12-30 22:39Core Viewpoint - Shenzhen Luwei Optoelectronics Co., Ltd. has announced that its convertible bonds, "Luwei Convertible Bonds," are expected to meet the redemption conditions based on stock price performance [2][8]. Group 1: Convertible Bond Issuance and Conditions - The company issued convertible bonds totaling RMB 615 million, with a maturity of 6 years and a face value of RMB 100 per bond, resulting in a net fundraising amount of approximately RMB 607.16 million after deducting issuance costs [2][3]. - The initial conversion price for the bonds is set at RMB 32.70 per share, and this price has not been adjusted as of the announcement date [5]. - The bonds are listed on the Shanghai Stock Exchange under the code "118056" and began trading on July 10, 2025 [3]. Group 2: Redemption Terms - The company has outlined both unconditional and conditional redemption terms for the convertible bonds, with the conditional redemption being triggered if the stock price remains above 130% of the conversion price for a specified number of trading days [6][7]. - Specifically, if the stock price is at least RMB 42.51 per share (130% of the conversion price) for 5 out of 20 consecutive trading days, the company may redeem the bonds [2][8]. - Upon triggering the redemption conditions, the company will convene a board meeting to decide on the redemption of the bonds at face value plus accrued interest [8].