Core Viewpoint - The company has decided to exercise its right to redeem the "Jinxian Convertible Bonds" early due to the stock price exceeding the specified threshold, aiming to reduce interest expenses and improve capital efficiency [2][5][6]. Group 1: Bond Redemption Announcement - The company will redeem the "Jinxian Convertible Bonds" at a price of 100.41 CNY per bond, which includes accrued interest [1][7]. - The redemption will occur on September 24, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange following the redemption [1][9]. - Bondholders are advised to convert their bonds into shares before the redemption date to avoid potential losses [1][2]. Group 2: Conditions for Redemption - The redemption was triggered as the stock price closed above 130% of the conversion price (12.16 CNY) for 15 trading days from August 4 to August 22, 2025 [2][6]. - The initial conversion price was set at 9.39 CNY per share, which has been adjusted to 9.35 CNY due to dividend distributions [3][5]. Group 3: Bondholder Information - Bondholders must ensure that any pledged or frozen bonds are released before the conversion deadline to avoid being forced into redemption [1][2]. - The company will not withhold taxes on interest income for bondholders, and the net redemption price will be determined by the China Securities Depository and Clearing Corporation [1][7].

Core Viewpoint - The company, Tongling Nonferrous Metals Group Co., Ltd., has announced the early redemption of its convertible bonds "Tongling Ding 02" due to the triggering of conditional redemption clauses based on stock price performance [4][7][10]. Group 1: Convertible Bond Details - The convertible bond "Tongling Ding 02" has a face value of 100.063 yuan per bond, which includes accrued interest and tax [10][11]. - The bond's initial conversion price was set at 3.38 yuan per share, later adjusted to 3.20 yuan per share due to annual equity distributions [5][6]. - The bond has a total issuance of 21,460,000 units, with a maturity period from September 21, 2023, to September 20, 2029 [5][6]. Group 2: Redemption Conditions and Timeline - The redemption conditions were met when the company's stock price was at least 130% of the conversion price for fifteen trading days [4][6][8]. - The redemption registration date is set for October 10, 2025, with the actual redemption occurring on October 13, 2025 [3][17]. - After the redemption, "Tongling Ding 02" will be delisted from the Shenzhen Stock Exchange [3][17]. Group 3: Investor Guidance - Investors are advised to convert their bonds before the stop conversion date of October 13, 2025, to avoid forced redemption [3][20]. - The company will provide daily announcements regarding the redemption process leading up to the redemption date [14][17]. - Investors must handle conversion requests through the securities company that holds their bonds, with a minimum conversion unit of one bond [19].

Core Viewpoint - The legal opinion from Beijing Tianyuan Law Firm confirms that Zhongchen Cable Co., Ltd. has met the necessary conditions for the early redemption of its convertible bonds, in accordance with relevant laws and regulations [2][3][9]. Group 1: Redemption Conditions - The company has fulfilled the internal approval and authorization requirements for the issuance and redemption of convertible bonds, as outlined in various internal resolutions [5][6]. - The issuance of 5,705,370 convertible bonds with a total value of 570.537 million yuan was approved by the China Securities Regulatory Commission (CSRC) and listed on the Shenzhen Stock Exchange [6][9]. - The redemption conditions specified in the management regulations and the offering prospectus have been satisfied, allowing the company to exercise its redemption rights [7][8][9]. Group 2: Information Disclosure and Decision-Making Procedures - The company has adhered to the required information disclosure and decision-making procedures as mandated by regulatory guidelines, ensuring compliance with the necessary protocols for exercising redemption rights [9][10]. - The company is required to continue monitoring the stock price to ensure compliance with the redemption conditions and to disclose any relevant information in a timely manner [9]. Group 3: Conclusion - The legal opinion concludes that the company has met all necessary conditions for the early redemption of the convertible bonds and has fulfilled its disclosure obligations [9][10].

Core Viewpoint - The company has decided to exercise the early redemption of its convertible bonds due to the stock price exceeding the specified threshold, aiming to reduce financial costs and improve capital efficiency [2][6]. Group 1: Convertible Bond Issuance and Redemption - The company issued convertible bonds on May 31, 2022, with a total subscription amount of 570.537 million yuan, and the bonds were listed on June 21, 2022 [2][3]. - The bonds have a coupon rate of 1.5%, and the redemption price is set at 100.58 yuan per bond, which includes accrued interest [6][7]. - The early redemption was triggered as the stock price was above 130% of the conversion price for at least 15 trading days [2][6]. Group 2: Conversion and Redemption Details - The conversion period for the bonds started on December 7, 2022, and will end on May 30, 2028 [3]. - The conversion price has been adjusted multiple times, with the latest adjustment setting it at 6.43 yuan per share effective from July 17, 2025 [5][6]. - The redemption process will be completed by October 27, 2025, with funds transferred directly to bondholders' accounts [8][9]. Group 3: Shareholder and Management Transactions - The company confirmed that major shareholders and management did not trade the convertible bonds in the six months leading up to the redemption conditions being met [8].

Group 1 - The core opinion of the article is that Tongling Nonferrous Metals Group Co., Ltd. has met the necessary conditions for the early redemption of its convertible bonds, and the legal opinion confirms the compliance with relevant regulations [1][2][4] - The convertible bonds were issued with a total amount not exceeding 2.146 billion yuan, with a maturity period of 6 years from September 21, 2023, to September 20, 2029 [1][2] - The initial conversion price of the bonds was set at 3.38 yuan per share, which was adjusted to 3.30 yuan on June 7, 2024, and further adjusted to 3.20 yuan on June 23, 2025, due to equity distribution [1][2] Group 2 - The company has triggered the conditional redemption clause as its stock price has been above 130% of the conversion price for at least 15 trading days within a 30-day period [2] - The redemption process has received necessary approvals from the board and is in compliance with the relevant management regulations [2][3] - The company is required to fulfill subsequent information disclosure obligations regarding the redemption [2][3]

Core Viewpoint - Yantai Zhenghai Magnetic Materials Co., Ltd. has decided to exercise the early redemption of its convertible bonds ("Zhenghai Convertible Bonds") due to the stock price meeting the conditions for redemption, aiming to reduce interest expenses and improve capital efficiency [2][4]. Group 1: Convertible Bond Details - The company issued 14 million convertible bonds at a face value of 100 yuan each, totaling 1.4 billion yuan, approved by the China Securities Regulatory Commission [2][3]. - The initial conversion price of the bonds was set at 13.23 yuan per share, which has been adjusted due to annual equity distribution plans [3][4]. - The bonds have a conditional redemption clause that allows the company to redeem them if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [4][6]. Group 2: Redemption Process - The redemption price is set at 100.50 yuan per bond, which includes accrued interest calculated based on a 0.60% annual interest rate [5][6]. - The redemption will be executed on September 19, 2025, with trading of the bonds ceasing on September 17, 2025 [5][6]. - All bondholders registered with China Securities Depository and Clearing Corporation by the redemption date will be eligible for the redemption [5][6]. Group 3: Shareholder Transactions - Company executives, including the Vice President and CFO, have engaged in trading the bonds prior to the redemption conditions being met, with specific details on their holdings provided [6].

Core Viewpoint - The legal opinion from Shanghai Guangfa Law Firm confirms that Luoyang Xinqianglian Rotating Bearing Co., Ltd. has met the conditions for the early redemption of its convertible bonds, and the redemption has been approved by the company's board of directors [1][14]. Group 1: Convertible Bond Issuance and Approval - The issuance of the convertible bonds was approved through multiple board meetings and a shareholders' meeting, with the total amount raised being 1.21 billion yuan, equivalent to 121 million [6][4]. - The convertible bonds were listed on the Shenzhen Stock Exchange on October 27, 2022, under the name "Qianglian Convertible Bonds" with the code "123161" [6][5]. - The bonds have a maturity period from October 11, 2022, to October 10, 2028, with a conversion period from April 17, 2023, to October 10, 2028 [6][5]. Group 2: Redemption Conditions - The company can redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within any 30-day period, or if the remaining unconverted bonds are less than 30 million yuan [8][7]. - The initial conversion price was set at 86.69 yuan per share, which was subsequently adjusted to 86.59 yuan and then to 40.64 yuan due to various corporate actions [9][10]. Group 3: Board Approval for Redemption - The board of directors has approved the redemption of the convertible bonds, allowing the company to redeem all or part of the unconverted bonds at the face value plus accrued interest [14][14]. - The legal opinion confirms that the redemption process will follow the necessary disclosure and announcement procedures as per regulatory guidelines [14].

Core Viewpoint - The legal opinion letter from Grandall Law Firm confirms that Shanghai Xuerong Biotechnology Co., Ltd. has met the necessary legal requirements for the early redemption of its convertible bonds, known as "Xuerong Convertible Bonds" [4][14]. Group 1: Company Background and Bond Issuance - The company issued a total of 585 million yuan in convertible bonds, which were approved by the China Securities Regulatory Commission (CSRC) and listed on the Shenzhen Stock Exchange on July 24, 2020 [9][10]. - The bonds have a term of six years and were issued under the approval number CSRC License [2020] 634 [9]. Group 2: Redemption Conditions - The company has the right to redeem the bonds if the stock price exceeds 120% of the conversion price for at least 15 trading days within a 30-day period or if the remaining balance of the bonds is less than 30 million yuan [10][13]. - The conversion price has been adjusted multiple times, with the latest adjustment setting it at 4.10 yuan per share, effective from August 26, 2024 [12]. Group 3: Approval and Compliance - The board of directors approved the early redemption of the bonds on September 3, 2025, based on the stock price performance and market conditions [13][14]. - The company is required to fulfill its information disclosure obligations as per the relevant regulations following the redemption [14].

Core Viewpoint - Qingdao Hitech Mould Technology Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price exceeding 130% of the conversion price for a specified period, leading to the decision for early redemption of the bonds [2][5]. Group 1: Convertible Bond Issuance and Redemption - The company issued 3,965,716 convertible bonds at a face value of RMB 100 each, raising a total of RMB 396.57 million, with a net amount of RMB 391.38 million after deducting issuance costs [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on July 17, 2023, under the name "Haitai Convertible Bonds" with the code "123200" [3]. - The conversion period for the bonds started on July 3, 2023, and will last until the maturity date of the bonds [3]. - The conversion price was adjusted from RMB 26.69 to RMB 26.43 per share due to the company's profit distribution plan, effective from May 29, 2024 [4]. Group 2: Conditional Redemption Clause - The company has the right to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days within a 30-day period [5][6]. - As of August 21, 2025, the stock price was above RMB 33.878 per share, triggering the redemption clause [5][6]. - The redemption price is set at RMB 100.260 per bond, which includes accrued interest calculated based on the bond's face value and interest rate [6][8]. Group 3: Redemption Process and Timeline - The redemption will be executed for all bondholders registered with China Securities Depository and Clearing Corporation Limited by the close of trading on September 29, 2025 [8]. - The redemption amount will be credited to the bondholders' accounts on October 15, 2025 [8]. - Following the redemption, the bonds will be delisted from the Shenzhen Stock Exchange [8].

Core Viewpoint - The company has decided to exercise its early redemption rights for the "Jinxian Convertible Bonds" due to the stock price exceeding the specified threshold, aiming to reduce interest expenses and improve capital efficiency [2][6]. Group 1: Convertible Bond Redemption - The "Jinxian Convertible Bonds" will be redeemed at a price of 100.41 CNY per bond, which includes accrued interest [6][7]. - The redemption was triggered as the stock price closed above 130% of the conversion price for 15 trading days from August 4 to August 22, 2025 [2][6]. - The redemption process will be completed by October 9, 2025, with the bonds being delisted from the Shenzhen Stock Exchange [7][8]. Group 2: Convertible Bond Details - The total amount of the convertible bonds issued was 202,512,500 CNY, with each bond having a face value of 100 CNY [2][3]. - The initial conversion price was set at 9.39 CNY per share, which has been adjusted to 9.35 CNY per share as of June 9, 2025 [3][5]. - The conversion period for the bonds is from June 3, 2024, to November 26, 2029, allowing bondholders to convert their bonds into shares [3][4]. Group 3: Financial Implications - The company aims to lower its financial costs and improve the efficiency of its capital utilization through this redemption [2][6]. - The accrued interest for the bonds is calculated based on a 0.5% annual interest rate, resulting in approximately 0.41 CNY per bond for the current period [6][7].