湘潭电化科技股份有限公司 关于“电化转债”预计满足赎回条件的提示性公告

Core Viewpoint - The announcement highlights that Xiangtan Electric Chemical Technology Co., Ltd. ("the Company") is approaching a conditional redemption of its convertible bonds ("Dianhua Convertible Bonds") based on stock price performance, which may impact the bondholders and the company's financial strategy [2][9]. Group 1: Convertible Bond Basic Information - The Company issued 4.87 million convertible bonds with a total fundraising amount of 487 million yuan, each with a face value of 100 yuan, and a term of six years [3]. - The conversion period for the bonds started on December 22, 2025, and will last until June 15, 2031 [4]. - The current conversion price for the "Dianhua Convertible Bonds" is 10.10 yuan per share [5]. Group 2: Redemption Terms and Trigger Conditions - The redemption terms allow the Company to redeem the bonds at 110% of the face value plus accrued interest within five trading days after the bonds mature [6]. - Conditional redemption can occur if the stock price remains above 130% of the conversion price for at least five trading days within a subsequent twenty-day period [8][9]. Group 3: Shareholder Changes - From December 25, 2025, to January 5, 2026, the controlling shareholder, Xiangtan Electric Group Co., Ltd., reduced its holdings by 520,000 convertible bonds, representing 10.68% of the total issued bonds [13]. - This reduction led to a 0.76% decrease in the combined equity stake of the controlling shareholder and its concerted parties, from 42.23% to 41.47% [14].