Leadmicro(SH:688147) Xin Lang Cai Jing·2026-02-05 20:53Core Viewpoint - Jiangsu Weidao Nano Technology Co., Ltd. has announced the commencement of the conversion period for its convertible bonds, "Weidao Convertible Bonds," which will start from February 12, 2026, allowing bondholders to convert their bonds into shares at a price of 33.57 yuan per share [2][4]. Group 1: Convertible Bond Issuance Overview - The company issued convertible bonds totaling 1,170,000,000 yuan, with a maturity of 6 years and a face value of 100 yuan per bond, starting from August 6, 2025 [2]. - The bonds were approved by the China Securities Regulatory Commission and began trading on the Shanghai Stock Exchange on August 27, 2025 [2]. Group 2: Terms of Conversion - The conversion price is set at 33.57 yuan per share, with the conversion period running from February 12, 2026, to August 5, 2031 [4][6]. - The bond has a tiered interest rate structure, starting at 0.20% in the first year and increasing to 2.00% in the sixth year [3]. Group 3: Conversion Application Process - Bondholders can apply for conversion through the Shanghai Stock Exchange trading system, with a minimum conversion unit of 1 share [5]. - The conversion application cannot be withdrawn once confirmed, and the bond trading takes precedence over conversion applications [5][6]. Group 4: Rights and Obligations - Newly converted shares will be listed for trading the day after the conversion application is submitted, and these shares will enjoy the same rights as existing shares [8]. - Any taxes incurred during the conversion process will be the responsibility of the bondholders [9]. Group 5: Redemption and Repurchase Terms - The company has the right to redeem unconverted bonds at 110% of the face value within five trading days after maturity [16]. - Bondholders can exercise a conditional repurchase right if the stock price falls below 70% of the conversion price during the last two interest years [19].