甬矽电子（宁波）股份有限公司关于不提前赎回“甬矽转债”的公告

Core Viewpoint - Yongxi Electronics (Ningbo) Co., Ltd. has decided not to exercise the early redemption rights for its convertible bonds, "Yongxi Convertible Bonds," despite meeting the conditions for early redemption, in order to protect investor interests and demonstrate confidence in the company's long-term development and intrinsic value [2][8]. Group 1: Convertible Bond Basic Information - The company issued convertible bonds worth 1.165 billion yuan on June 26, 2025, with a maturity of six years and a face value of 100 yuan per bond [3]. - The bonds were listed for trading on the Shanghai Stock Exchange starting July 16, 2025, under the name "Yongxi Convertible Bonds" and code "118057" [4]. - The initial conversion price for the bonds was set at 28.39 yuan per share, which was later adjusted to 28.36 yuan per share due to a stock incentive plan [5][6]. Group 2: Redemption Terms and Trigger Conditions - The bonds have a conditional redemption clause that allows the company to redeem them if the stock price remains at or above 130% of the conversion price for at least 15 out of 30 consecutive trading days [7]. - The company’s stock price met this condition from January 7 to January 27, 2026, triggering the conditional redemption clause [2][7]. Group 3: Decision on Early Redemption - On January 27, 2026, the company's board of directors decided not to exercise the early redemption rights for the "Yongxi Convertible Bonds," citing confidence in the company's long-term growth and current market conditions [2][8]. - The company will not exercise the early redemption rights for the next three months, and if the redemption conditions are met again after April 28, 2026, the board will convene to decide on the matter [2][8].