Core Viewpoint - Suzhou Chunqiu Electronic Technology Co., Ltd. issued 5.7 million convertible bonds with a total value of 570 million yuan, which will be traded on the Shanghai Stock Exchange starting April 11, 2023 [2] Group 1: Convertible Bonds Issuance - The company received approval from the China Securities Regulatory Commission to issue 5.7 million convertible bonds, each with a face value of 100 yuan, totaling 570 million yuan [2] - The bonds will be listed on the Shanghai Stock Exchange under the name "Chun23 Convertible Bonds" with the code "113667" [2] Group 2: Conversion Price and Adjustments - The initial conversion price was set at 10.40 yuan per share, adjusted to 10.30 yuan on June 20, 2023, due to the 2022 annual profit distribution [3] - The conversion price will further adjust to 10.15 yuan on June 19, 2025, following the 2024 annual profit distribution [3] - The conversion period for the bonds is from September 23, 2023, to March 16, 2029 [3] Group 3: Price Adjustment Basis - The conversion price will be adjusted based on events such as stock dividends, capital increases, and cash dividends, as outlined in the bond issuance prospectus [4] - The company will announce any adjustments in accordance with regulatory requirements [4] Group 4: Share Buyback and Capital Reduction - The company plans to cancel 9,136,891 shares from its buyback account, reducing its total share capital from 455,944,899 shares to 446,808,008 shares [5] - This cancellation will not affect the conversion price of the "Chun23 Convertible Bonds," which remains at 10.15 yuan per share [6][7]
苏州春秋电子科技股份有限公司 关于回购股份注销不调整可转债转股价格的公告