Core Points - The announcement highlights a passive dilution of the controlling shareholder's equity ratio from 61.56% to 60.39% due to the conversion of convertible bonds into shares, without any change in the number of shares held [2][3][4] - The company has issued 3,000,000 convertible bonds with a total fundraising amount of RMB 300 million, and the bonds are currently in the conversion period [3][26] - The current conversion price of the bonds is RMB 23.47 per share, which has been adjusted from the initial price of RMB 26.15 per share [3][30][32] Group 1 - The controlling shareholder's equity ratio was diluted due to the conversion of bonds, but this does not involve a change in the number of shares held [2][4] - The company issued convertible bonds on November 2, 2022, and they began trading on November 25, 2022 [3][28] - As of September 30, 2025, a total of 1,877,488 shares have been converted from the bonds, increasing the total share capital from 97,446,217 to 99,323,705 shares [3][33] Group 2 - The company plans to redeem the convertible bonds at a price of RMB 101.19 per bond, including accrued interest, with the redemption date set for October 30, 2025 [6][17][20] - The redemption will occur if the bonds are not converted by the deadline, and the last trading day for the bonds will be October 27, 2025 [7][19] - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for the required trading days [8][16]

Summary of Key Points Core Viewpoint The announcement from Guangdong Lingyi Intelligent Manufacturing Co., Ltd. details the early redemption of its convertible bonds, "Lingyi Convertible Bonds," highlighting important dates and conditions for bondholders to take action before the bonds cease to be convertible. Group 1: Redemption Details - The last conversion date for "Lingyi Convertible Bonds" is October 14, 2025, after which unconverted bonds will stop being convertible [1][3] - The redemption price is set at 100.181 CNY per bond, including accrued interest at an annual rate of 0.20% [2][10] - The redemption conditions were met on September 8, 2025, as the company's stock price met the required threshold for 15 out of 30 trading days [5][6] Group 2: Important Dates - The bonds will stop trading on October 10, 2025, and will stop being convertible on October 15, 2025 [4][12] - The redemption date is also October 15, 2025, with funds reaching the issuer's account by October 20, 2025, and bondholders receiving their redemption payments by October 22, 2025 [4][13] Group 3: Bondholder Actions - Bondholders are advised to ensure that any pledged or frozen bonds are released before the conversion deadline to avoid forced redemption [3][5] - The company will issue daily announcements leading up to the redemption date to remind bondholders of the relevant details [11]

Core Viewpoint - The company has decided to exercise its right to redeem the "San Yang Convertible Bonds" early, with specific redemption terms and conditions outlined for bondholders [3][19]. Group 1: Convertible Bond Issuance - The company issued 2.1 million convertible bonds on October 26, 2023, with a total fundraising amount of 210 million yuan [3][19]. - The bonds have a maturity period of 6 years and were listed for trading on November 17, 2023, under the name "San Yang Convertible Bonds" [3][19]. Group 2: Redemption Details - The redemption price is set at 100.49 yuan per bond, which includes accrued interest at an annual rate of 0.50% [2][10]. - The redemption conditions are met as the stock price has exceeded 130% of the conversion price for a specified period [7][8]. - The bonds will stop trading on October 14, 2025, and the redemption will occur on October 17, 2025 [4][15]. Group 3: Conversion Terms - The conversion period for the bonds is from May 1, 2024, to October 25, 2029, with an initial conversion price of 37.65 yuan per share [5][6]. - The conversion price has been adjusted due to cash dividends, currently standing at 37.43 yuan per share [6][7]. Group 4: Redemption Process - Bondholders must ensure their bonds are not pledged or frozen before the conversion deadline to avoid forced redemption [3][12]. - The company will provide daily announcements regarding the redemption process leading up to the redemption date [13][15].

Core Points - Tongling Nonferrous Metals Group Co., Ltd. announced the early redemption of "Tongling Ding 02" and the cessation of its transfer [1] - The last transfer date for "Tongling Ding 02" is September 29, 2025, with the last conversion date on October 10, 2025, and the redemption date on October 13, 2025 [1] - The redemption price is set at 100.063 yuan per share, including the accrued interest for the current period [1] - As of March 21, 2025, "Tongling Ding 02" will have been issued for 18 months, and from August 13 to September 4, the company's stock closed at or above 130% of the current conversion price for fifteen trading days, triggering the conditional redemption clause [1] - The company advises investors to pay attention to the final conversion time, as failure to convert in time may lead to losses, and suggests early release for any pledged or frozen shares [1]

Core Points - Zhejiang Jingxing Paper Industry Co., Ltd. announced the early redemption of "Jingxing Convertible Bonds" [1] - The company decided to exercise its early redemption right as the redemption conditions were met on September 23, 2025 [1] - The redemption price is set at 100.290 CNY per bond, including accrued interest [1] Summary by Sections - **Redemption Details** - The last trading day for the bonds will be October 20, and the redemption registration date is October 22, with the redemption date on October 23 [1] - "Jingxing Convertible Bonds" were issued on August 31, 2020, with a total amount of 1.28 billion CNY [1] - **Conversion Information** - The initial conversion price was 3.40 CNY per share, which has been adjusted to 3.39 CNY per share [1] - Holders who have not converted their bonds by the close of trading on October 22 will face mandatory redemption [1] - **Investor Advisory** - The company reminds bondholders to convert their bonds within the specified timeframe to avoid losses [1]

Core Viewpoint - The company has decided to exercise its right to redeem the "Sanyang Convertible Bonds" early due to market conditions and its own situation, with a redemption price set at 100.49 yuan per bond, including accrued interest [2][3][10]. Group 1: Redemption Details - The redemption price for "Sanyang Convertible Bonds" is 100.49 yuan per bond, which includes accrued interest at an annual rate of 0.50% [2][10]. - The redemption conditions are met as of September 16, 2025, and the bonds will stop trading on October 14, 2025 [2][3]. - The redemption date is set for October 17, 2025, with the funds reaching investors' accounts by October 24, 2025 [3][15]. Group 2: Bond Issuance Information - The company issued 2.1 million convertible bonds on October 26, 2023, with a total fundraising amount of 210 million yuan [4]. - The bonds have a maturity period of six years, with an initial conversion price of 37.65 yuan per share, adjusted to 37.43 yuan per share after dividend distributions [5][6]. Group 3: Conditional Redemption Clauses - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price for 15 out of 30 consecutive trading days [6]. - The company has the right to redeem all or part of the bonds if the remaining balance is less than 30 million yuan [6]. Group 4: Redemption Process - The company will announce the redemption details daily leading up to the redemption date [12]. - Bondholders must ensure their bonds are not pledged or frozen before the conversion deadline to avoid forced redemption [2][11]. Group 5: Additional Information - The minimum conversion unit for the bonds is one bond, and any fractional amounts will be paid in cash [18]. - The company has confirmed that there were no transactions of the bonds by major shareholders or executives in the six months prior to the redemption conditions being met [16].

Core Viewpoint - Xinjiang Transportation Construction Group Co., Ltd. announced the early redemption of its "Jiaojian Convertible Bonds" due to the triggering of conditional redemption clauses [1] Group 1: Bond Details - The total issuance amount of "Jiaojian Convertible Bonds" is 850 million yuan [1] - The bonds were listed for trading on October 16, 2020, with a conversion period from March 22, 2021, to September 14, 2026 [1] - The current conversion price is 10 yuan per share [1] Group 2: Redemption Information - The redemption price is set at 100.044 yuan per bond, including accrued interest [1] - The registration date for redemption is September 22, 2025, and the redemption date is September 23, 2025 [1] - Trading will cease on September 18, 2025, and conversion will stop from September 23, 2025 [1] Group 3: Investor Advisory - The company advises investors to convert their bonds within the specified period to avoid potential losses [1]

铜陵有色金属集团股份有限公司发布提前赎回"铜陵定02"的第十次提示性公告。因自2025年8月13日至9 月4日，公司股票十五个交易日收盘价格不低于"铜陵定02"当期转股价格（3.20元/股）的130%，触发有 条件赎回条款。赎回价格100.063元/张（含当期应计利息），赎回登记日为2025年10月10日，赎回日为 10月13日。截至该日收市后仍未转股的"铜陵定02"将被强制赎回，赎回完成后将在深交所摘牌。公司提 醒投资者注意在限期内转股，否则可能面临损失。 ...

Core Points - Suzhou Keda 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 15 trading days [2][9] - The company’s board of directors has approved the early redemption of the convertible bonds to reduce the debt-to-asset ratio and optimize the capital structure [10][18] - Investors can either trade the convertible bonds in the secondary market or convert them at the conversion price of 6.38 CNY per share, or face forced redemption at 100 CNY per bond plus accrued interest [2][12] Convertible Bond Issuance Overview - The company issued 5.16 million convertible bonds on March 9, 2020, with a total amount of 516 million CNY and a maturity of 6 years [3] - The bonds were listed on the Shanghai Stock Exchange on April 8, 2020, under the name "Keda Convertible Bonds" [4] Conversion Price Adjustment - The initial conversion price was set at 14.88 CNY per share, which has been adjusted multiple times, with the latest adjustment bringing it to 6.38 CNY per share [5][6] - The conversion price adjustments were due to various corporate actions, including profit distributions and employee stock incentive plans [5][6] Conditional Redemption Clause - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days [9] - The redemption can also be triggered if the remaining unconverted bonds are less than 30 million CNY [7] Board Meeting and Approval - The board meeting held on September 17, 2025, unanimously approved the early redemption of the convertible bonds [18] - The board has authorized the management to handle all matters related to the redemption process [19]

Core Points - Zhejiang Hailiang Co., Ltd. announced the thirteenth notice for the early redemption of "Hailiang Convertible Bonds" [1] - The redemption conditions will be met on August 25, 2025, with a redemption price of 101.710 yuan per bond, including accrued interest [1] - Trading of "Hailiang Convertible Bonds" will cease on September 24, with the redemption registration date set for September 26 [1] - The bonds will stop conversion on September 29, and funds will be credited to the company on October 10, with investors receiving redemption payments by October 14 [1] - This redemption will be total, and after completion, "Hailiang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [1] - The company advises bondholders to convert their bonds within the specified period, as failure to do so may result in losses [1] - There have been no transactions involving "Hailiang Convertible Bonds" by relevant personnel in the six months prior to the fulfillment of the redemption conditions [1]