山东凯盛新材料股份有限公司关于提前赎回“凯盛转债”实施暨即将停止交易的重要提示性公告

Core Viewpoint - The company announces the redemption of its convertible bonds, "Kai Sheng Convertible Bonds," with specific dates for trading and conversion, urging investors to act before the deadlines to avoid forced redemption [2][3][5][6]. Group 1: Redemption Details - The last trading day for "Kai Sheng Convertible Bonds" is January 9, 2026, after which trading will cease [2]. - The last conversion day is January 14, 2026, and any bonds not converted by the end of this day will be forcibly redeemed [3]. - The redemption price is set at 100.10 CNY per bond, including interest and tax [3][17][18]. Group 2: Bond Issuance and Listing - The company has issued 6.5 million convertible bonds, each with a face value of 100.00 CNY, raising a total of 650 million CNY [7]. - The bonds were listed on the Shenzhen Stock Exchange on December 15, 2023, under the code "123233" [8]. Group 3: Conversion Terms - The conversion period for the bonds starts on June 5, 2024, and ends on November 28, 2029, with an initial conversion price of 20.26 CNY per share [9]. - The conversion price will be adjusted based on dividend distributions, with the first adjustment reducing it to 20.11 CNY per share effective April 25, 2024 [10]. Group 4: Conditional Redemption Clauses - The company has the right to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [14][16]. - The board has decided to exercise the redemption option due to market conditions and the company's situation [16]. Group 5: Redemption Process and Timeline - The redemption registration date is January 14, 2026, with the actual redemption occurring on January 15, 2026 [19][21]. - Funds from the redemption will be credited to bondholders' accounts by January 22, 2026 [21].