成都盟升电子技术股份有限公司关于提前赎回“盟升转债”的公告

Core Viewpoint - Chengdu Mingsheng Electronics Technology Co., Ltd. has decided to exercise the early redemption rights of its convertible bonds, "Mingsheng Convertible Bonds," due to the stock price meeting the specified conditions for redemption [2][15]. Group 1: Convertible Bond Redemption Conditions - The redemption condition was triggered as the company's stock price was above 130% of the current conversion price of 20.94 CNY per share for 15 out of 30 consecutive trading days, reaching 27.22 CNY per share [2][14]. - The board of directors approved the early redemption of all "Mingsheng Convertible Bonds" at face value plus accrued interest [15]. Group 2: Convertible Bond Issuance Details - The company issued 3 million convertible bonds with a total amount of 300 million CNY on September 12, 2023, with a maturity of six years and a tiered interest rate starting from 0.20% in the first year to 2.50% in the sixth year [3]. - The initial conversion price was set at 42.72 CNY per share, which has been adjusted multiple times due to specific conditions outlined in the offering document [4][5]. Group 3: Market and Trading Information - The bonds began trading on the Shanghai Stock Exchange on October 17, 2023, under the code "118045" [3]. - Investors can either trade the bonds in the secondary market or convert them at the conversion price of 20.94 CNY per share, or face forced redemption at 100 CNY per bond plus accrued interest [2][18]. Group 4: Management and Governance - The board has authorized the management to handle all matters related to the early redemption process [15]. - There have been no transactions of the convertible bonds by major shareholders or executives in the six months prior to the redemption condition being met [16].