Core Viewpoint - Shenzhen Zhongzhuang Construction Group Co., Ltd. has announced the cash settlement plan for the "Zhongzhuang Convertible Bond 2" (中装转2), detailing the repayment process and conditions for bondholders [4][6]. Group 1: Cash Settlement Plan - The cash settlement for "Zhongzhuang Convertible Bond 2" will occur on February 12, 2026, with the bond being applied for cancellation on February 10, 2026 [2][3][6]. - Bondholders with claims of 50,315 yuan or less will receive a one-time cash settlement during the restructuring plan execution period [4][5]. - Claims exceeding 50,315 yuan will be settled through a combination of stock and trust beneficiary rights [4][5]. Group 2: Bondholder Rights and Conditions - The conversion period for "Zhongzhuang Convertible Bond 2" will remain until the 30th natural day after the restructuring acceptance date, which is September 18, 2025 [4]. - After the conversion period, the remaining balance of 192,590,200 yuan will be treated as ordinary claims, with 17,547 bondholders having filed claims [4]. - Bondholders are advised to avoid actions that may lead to payment failures, such as collateral transfers or non-trading transfers [8]. Group 3: Payment Process and Requirements - The cash settlement will be processed by the Shenzhen branch of China Securities Depository and Clearing Corporation Limited, with funds deposited into the relevant bondholders' accounts [4][6]. - Bondholders with frozen or pledged bonds will need to coordinate separately with the company for settlement [9]. - Bondholders must provide necessary documentation to the company by April 18, 2026, to ensure proper processing of their claims [8].
深圳市中装建设集团股份有限公司 关于中装转2现金清偿的公告