Core Viewpoint - The company announces the fifth notice regarding the optional redemption of its convertible bonds, "Shanbo Convertible Bonds," allowing bondholders to sell their bonds back to the company at a specified price during a designated period [2][7]. Redemption Terms - Redemption Price: 100.30 RMB per bond (including current interest) [2][10] - Bondholders can choose to redeem part or all of their unconverted convertible bonds, and this redemption is not mandatory [2][7]. - If bondholders do not exercise their redemption rights during the specified period, they will lose the right to redeem for the current interest year [2][4]. Conditions for Redemption - The redemption clause is activated if the company's stock price falls below 70% of the current conversion price for any consecutive 30 trading days [2][3]. - The redemption period is set from January 8, 2026, to January 14, 2026, with funds to be disbursed on January 19, 2026 [3][11]. Interest Calculation - The current interest for the redemption is calculated based on a coupon rate of 1.8% for the period from November 8, 2025, to January 8, 2026, resulting in approximately 0.30 RMB per bond [6][10]. Redemption Process - Bondholders must submit their redemption requests through the Shanghai Stock Exchange trading system during the redemption period, and once confirmed, these requests cannot be revoked [8][9]. - The bonds will continue to trade during the redemption period but will not be convertible [13]. Post-Redemption Actions - After the redemption period, the company will announce the results of the redemption and its impact on the company [12].
山东玻纤集团股份有限公司关于“山玻转债”可选择回售的第五次提示性公告