Core Viewpoint - The company, Shuangliang Energy System Co., Ltd., has announced that its convertible bonds ("Shuangliang Convertible Bonds") are expected to meet the redemption conditions based on stock price performance [1] Group 1: Convertible Bond Redemption Conditions - From January 26, 2026, to February 6, 2026, the company's stock price has closed at or above 130% of the current conversion price of the convertible bonds, which is 6.18 CNY per share, meaning the threshold is 8.03 CNY per share [2][9] - If the stock price remains above this threshold for at least 15 out of 30 consecutive trading days, the company has the right to redeem all or part of the unconverted "Shuangliang Convertible Bonds" at face value plus accrued interest [2][7] Group 2: Convertible Bond Issuance Overview - The company issued 26 million convertible bonds at a face value of 100 CNY each, raising a total of 260 million CNY, with a maturity of 6 years [3] - The bonds were listed on the Shanghai Stock Exchange on September 8, 2023, under the code "110095" [3] Group 3: Conversion Price Adjustments - The initial conversion price was set at 12.13 CNY per share, which was adjusted to 11.93 CNY per share on September 26, 2023, due to a semi-annual dividend distribution [4] - Further adjustments are scheduled, with the conversion price expected to be reduced to 11.81 CNY per share on June 12, 2024, and subsequently to 7.20 CNY per share on October 25, 2024 [5][6]
双良节能系统股份有限公司关于“双良转债”预计满足赎回条件的提示性公告