可转换公司债券转股价格调整
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常熟银行: 江苏常熟农村商业银行股份有限公司关于根据2025年中期利润分配方案调整A股可转换公司债券转股价格的公告
Zheng Quan Zhi Xing· 2025-09-01 16:18
Group 1 - The core point of the announcement is the adjustment of the conversion price for the "Changyin Convertible Bonds" due to the implementation of the 2025 interim profit distribution plan [1][2] - The previous conversion price was set at RMB 6.04 per share, which will be adjusted to RMB 5.89 per share effective from September 8, 2025 [1][6] - The adjustment is based on the cash dividend distribution of RMB 0.15 per share, which is part of the profit distribution plan approved by the board on August 7, 2025 [2][6] Group 2 - The cash dividend distribution date is set for September 8, 2025, with the record date for shareholders being September 5, 2025 [2][4] - The convertible bonds were initially issued on September 15, 2022, with a total amount of RMB 6 billion and a maturity period of 6 years [1][2] - The conversion period for the bonds is from March 21, 2023, to September 14, 2028, with an initial conversion price of RMB 8.08 per share [1][2]
九强生物: 2025年半年度权益分派实施公告
Zheng Quan Zhi Xing· 2025-08-29 16:40
Core Points - The company has announced its 2025 semi-annual profit distribution plan, which was approved by the shareholders' meeting and the board of directors [2][3] - The distribution plan involves a cash dividend of RMB 3.00 per 10 shares (including tax), with no capital reserve conversion into additional shares or bonus shares [2][3] - The total cash dividend amount is RMB 174,829,363.20 (including tax) [3] - The record date for the distribution is set for September 4, 2025, and the ex-dividend date is September 5, 2025 [5] - The distribution will not include 3,544,084 shares held in the company's repurchase account [6] - The conversion price for the company's convertible bonds will be adjusted from RMB 16.98 to RMB 16.68 per share effective from September 5, 2025 [6]
奥特维: 无锡奥特维科技股份有限公司向不特定对象发行可转换公司债券第六次临时受托管理事务报告(2025年度)
Zheng Quan Zhi Xing· 2025-08-29 08:21
Core Points - The company, Wuxi Autowei Technology Co., Ltd., has issued convertible bonds named "Aoweizhuan" with a total issuance scale of RMB 1.14 billion [1][2] - The initial conversion price for the bonds was set at RMB 180.90 per share, which has undergone several adjustments due to stock dividends and capital increases [3][5] - The bonds have a maturity period of six years, from August 10, 2023, to August 9, 2029, with annual interest rates increasing from 0.20% in the first year to 2.50% in the sixth year [1][2] Bond Issuance Details - The bonds were approved by the board of directors and the shareholders' meeting, with regulatory approval from the China Securities Regulatory Commission on July 10, 2023 [1][2] - The bonds are unsecured and have a credit rating of AA- from China Chengxin International Credit Rating Co., Ltd. [3][4] Conversion Price Adjustments - The conversion price has been adjusted multiple times due to various corporate actions, including stock dividends and capital increases, with the latest adjustment bringing the price down to RMB 84.94 per share effective August 26, 2025 [5][15] - The adjustments follow specific formulas outlined in the bond issuance documents, ensuring that bondholders' rights are protected during corporate changes [3][4] Corporate Actions - The company plans to increase its capital by distributing stock dividends at a ratio of 4.5 shares for every 10 shares held, with the record date set for November 16, 2023 [4][5] - The company has also completed several rounds of stock incentive plans, affecting the total share count and subsequently the conversion price of the bonds [6][8]
珀莱雅化妆品股份有限公司 关于“珀莱转债”转股价格调整 暨转股停牌的公告
Zhong Guo Zheng Quan Bao - Zhong Zheng Wang· 2025-08-24 22:25
Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the repurchase and cancellation of certain restricted stock options, which will affect the trading of its securities [1][3][6]. Group 1: Convertible Bond Details - The company issued 7,517,130 convertible bonds with a total value of 75,171.30 million yuan, which were listed on January 4, 2022 [1]. - The initial conversion price was set at 195.98 yuan per share, with the conversion period running from June 14, 2022, to December 7, 2027 [1]. - The conversion price was adjusted from 96.23 yuan per share to 96.26 yuan per share, effective from August 26, 2025 [3][6]. Group 2: Stock Repurchase and Cancellation - On June 26, 2025, the company approved the repurchase and cancellation of 242,424 shares of restricted stock due to the departure of 14 incentive plan participants [5][9]. - The repurchase was completed on August 21, 2025, and the company will proceed with the necessary changes to its business registration [10]. - The adjustment in the conversion price is in accordance with the company's prospectus and relevant regulations [6].
欧派家居集团股份有限公司 关于向下修正“欧22转债” 转股价格暨转股停复牌的公告
Zhong Guo Zheng Quan Bao - Zhong Zheng Wang· 2025-08-24 22:18
Core Viewpoint - The company has announced a downward adjustment of the conversion price for its convertible bonds "欧22转债" from 118.48 CNY per share to 54.00 CNY per share, effective from August 26, 2025, due to the stock price falling below the stipulated threshold [4][9][10]. Group 1: Convertible Bond Issuance - The company issued 20 million convertible bonds with a total value of 2 billion CNY on August 5, 2022, with a maturity of six years and a tiered interest rate structure [3]. - The initial conversion price was set at 125.46 CNY per share, which has been adjusted to 118.48 CNY per share due to various corporate actions [3][4]. Group 2: Price Adjustment Mechanism - The adjustment of the conversion price is triggered when the stock price falls below 80% of the current conversion price for at least 15 out of 30 consecutive trading days [5]. - The company’s board of directors proposed the price adjustment, which was approved by a special resolution at the shareholders' meeting held on August 22, 2025 [8][14]. Group 3: Decision-Making Process - The board meeting on August 6, 2025, approved the proposal to adjust the conversion price, which was subsequently ratified by the shareholders [8][14]. - The average stock price for the 20 trading days prior to the shareholders' meeting was 53.65 CNY per share, supporting the decision to adjust the conversion price to 54.00 CNY [9].
保利发展: 保利发展控股集团股份有限公司关于根据2024年度利润分配方案调整可转换公司债券转股价格的公告
Zheng Quan Zhi Xing· 2025-08-13 11:11
Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds based on the 2024 profit distribution plan, reducing the price from 16.09 CNY to 15.92 CNY, effective from August 20, 2025 [1][2][3] Group 1: Convertible Bond Details - The company issued 85 million convertible bonds with a face value of 100 CNY each, raising a total of 850 million CNY, with a net amount of 847.875 million CNY after deducting issuance costs of 21.25 million CNY [1] - The convertible bonds, named "保利定转" with the code "110817," were registered on May 30, 2025, and began trading on June 19, 2025 [2] Group 2: Conversion Price Adjustment Basis - The adjustment of the conversion price is based on the company's profit distribution plan, which includes a cash dividend of 1.70 CNY per 10 shares (pre-tax) [2] - The cash dividend per share is calculated as approximately 0.1685 CNY, derived from the total share capital and the actual cash dividend distributed [3] Group 3: Adjustment Results - The new conversion price is calculated using the formula P1 = P0 - D, where P0 is the previous conversion price and D is the cash dividend per share [3] - The adjusted conversion price of approximately 15.92 CNY will take effect on August 20, 2025, which is the ex-dividend date [3]
奕瑞科技: 奕瑞科技关于不向下修正“奕瑞转债”转股价格的公告
Zheng Quan Zhi Xing· 2025-08-07 10:14
Core Viewpoint - The company has decided not to adjust the conversion price of its convertible bonds, despite triggering conditions for a downward adjustment due to stock price performance [1][7]. Summary by Sections Convertible Bond Basic Information - The company issued a total of 14,350,100 convertible bonds at a face value of 100 RMB each, raising a total of 1,435.01 million RMB [1]. - The bonds have been trading on the Shanghai Stock Exchange since November 18, 2022, under the name "Yirui Convertible Bonds" and code "118025" [1]. Conversion Price Adjustments - The conversion price was adjusted from 499.89 RMB/share to 499.26 RMB/share in 2023 due to the company's stock incentive plan [2]. - Following the 2022 annual profit distribution, the conversion price was further adjusted to 354.54 RMB/share starting April 24, 2023 [2]. - A downward adjustment to 230.00 RMB/share is set to take effect on November 28, 2023, due to stock price performance [3]. - Subsequent adjustments will occur based on further corporate actions, including profit distributions and stock incentive plans, with the conversion price reaching 115.50 RMB/share by June 19, 2025 [4][5]. Downward Adjustment Conditions - The company triggered the condition for a downward adjustment when its stock price was below 85% of the conversion price for at least 15 trading days within a 30-day period [6][7]. - The board of directors decided not to propose a downward adjustment for the conversion price, even if the conditions are met again within the next six months [7].
飞鹿股份: 关于可转换公司债券转股价格调整的公告
Zheng Quan Zhi Xing· 2025-08-04 16:47
Group 1 - The company has announced an adjustment to the conversion price of its convertible bonds, "Feilu Convertible Bonds," from 6.01 CNY/share to 6.08 CNY/share, effective from August 6, 2025 [1][7] - The initial conversion price of "Feilu Convertible Bonds" was set at 9.9 CNY/share, with subsequent adjustments made based on various corporate actions, including stock options and performance conditions [2][5] - The bond was issued on June 5, 2020, with a total value of 177 million CNY, and is set to be redeemed early on August 8, 2025, with the conversion period ending on August 11, 2025 [1][3] Group 2 - The adjustment of the conversion price is based on the completion of the stock option incentive plan, which resulted in an increase of 5.88 million shares in the company's total share capital [6][7] - The adjustment formula used for the conversion price is outlined in the company's prospectus, taking into account factors such as stock dividends, capital increases, and cash dividends [5][6] - The company has a total share capital of 205,207,109 shares as of August 1, 2025, which is used in the calculation for the new conversion price [7]
鹿山新材: 广州鹿山新材料股份有限公司关于限制性股票回购注销完成及实施2024年年度权益分派调整“鹿山转债”转股价格的公告
Zheng Quan Zhi Xing· 2025-08-03 16:18
Core Points - The company has completed the repurchase and cancellation of restricted stock and will adjust the conversion price of "Lushan Convertible Bonds" [1][6][7] - The conversion price has been adjusted from 22.93 CNY/share to 16.05 CNY/share, effective from August 8, 2025 [1][7] - The total amount of the convertible bonds issued is 524 million CNY, with a maturity of 6 years and a total of 5.24 million bonds issued at a price of 100 CNY each [1][2] Convertible Bonds Overview - The "Lushan Convertible Bonds" can be converted into shares from October 9, 2023, to March 26, 2029, with an initial conversion price of 59.08 CNY/share [2] - The bond's coupon rates are set to increase over the years, starting from 0.40% in the first year to 3.00% in the sixth year [1] Price Adjustment Details - The adjustment of the conversion price is based on the company's stock dividend distribution and the repurchase of restricted stocks [5][6] - The formula used for the adjustment is P1 = (P0 - D + A × k) / (1 + n + k), where P0 is the previous conversion price [4][6] - The adjustment results in a new conversion price of approximately 16.05 CNY/share after considering the repurchase and dividend distribution [6][7] Repurchase and Dividend Distribution - The company repurchased and canceled 361,200 shares of restricted stock at a price of 32.96 CNY/share, totaling approximately 11.91 million CNY [5][6] - The annual profit distribution plan includes a cash dividend of 4.0 CNY per 10 shares and a capital reserve increase of 4.0 shares for every 10 shares held [6]
恩捷股份: 关于本次部分限制性股票回购注销不调整可转换公司债券转股价格的公告
Zheng Quan Zhi Xing· 2025-08-01 16:36
Core Viewpoint - The company announced the repurchase and cancellation of certain restricted stocks from its 2022 and 2024 incentive plans, which will not affect the conversion price of its convertible bonds, remaining at 32.01 yuan per share [1][9]. Group 1: Convertible Bond Issuance and Price Adjustment - The company issued 16 million convertible bonds (referred to as "Enjie Convertible Bonds") on February 28, 2020, with an initial conversion price of 64.61 yuan per share [2]. - The conversion price is subject to adjustments based on various corporate actions such as stock dividends, capital increases, and cash dividends, following specific formulas outlined in the bond issuance documentation [1][2]. - Previous adjustments to the conversion price have occurred, with the most recent adjustment on September 21, 2023, reducing the price from 66.46 yuan to 66.26 yuan per share [7]. Group 2: Stock Repurchase and Impact on Conversion Price - The company has conducted stock repurchases due to unmet performance targets in its incentive plans, resulting in the cancellation of a total of 330,036 shares from the 2022 plan and 580,946 shares from the 2024 plan [9]. - Despite these cancellations, the overall impact on the total share capital is minimal, leading to no change in the conversion price of the "Enjie Convertible Bonds," which remains at 32.01 yuan per share after the repurchase [1][9]. - The calculations for the conversion price adjustment were based on the repurchase prices and the proportion of shares canceled relative to the total share capital [9].