Core Viewpoint - The company, Shaanxi Zhongtian Rocket Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Tianjian Convertible Bonds," due to the triggering of conditional redemption clauses based on stock price performance [7][14]. Group 1: Redemption Details - The last trading day for "Tianjian Convertible Bonds" is March 2, 2026, after which trading will cease [2]. - The last conversion day for the bonds is March 5, 2026, and any unconverted bonds will be forcibly redeemed at a price of 100.81 yuan per bond [3][5]. - The redemption date is set for March 6, 2026, with funds reaching the bondholders' accounts by March 13, 2026 [6][20]. Group 2: Bond Performance and Conditions - The bonds were issued on August 22, 2022, with a total amount of 49.5 million yuan, and the initial conversion price was set at 53.11 yuan per share [7][8]. - The conversion price has been adjusted multiple times, with the latest adjustment bringing it to 52.88 yuan per share [10][12]. - The conditional redemption clause was triggered when the stock price reached 130% of the conversion price for at least 15 trading days within a 30-day period [14]. Group 3: Investor Guidance - Bondholders are advised to convert their bonds before the last conversion date to avoid forced redemption [4][6]. - The company emphasizes the importance of understanding the risks associated with the redemption process and the potential for losses if conversion is not executed in time [5][12].
陕西中天火箭技术股份有限公司关于天箭转债 赎回实施暨即将停止交易的重要提示性公告