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精锻科技: 国投证券股份有限公司关于江苏太平洋精锻科技股份有限公司提前赎回精锻转债的核查意见
Zheng Quan Zhi Xing· 2025-07-03 16:26
Group 1 - The company, Jiangsu Pacific Precision Forging Technology Co., Ltd., has decided to exercise the early redemption rights of its convertible bonds, known as "Precision Convertible Bonds" [1][11] - The total amount of the convertible bonds issued was 980,000 units, with a face value of 100 yuan each, resulting in a total issuance amount of 98 million yuan, and a net fundraising amount of approximately 96.81 million yuan after deducting issuance costs [2][3] - The initial conversion price of the convertible bonds was set at 13.09 yuan per share, which was adjusted to 12.97 yuan per share after a cash dividend distribution [3][4] Group 2 - The company has established conditional redemption clauses for the convertible bonds, which can be triggered if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [8] - The redemption price for the bonds is calculated based on the face value plus accrued interest, with the accrued interest for each bond calculated to be 0.45 yuan, leading to a total redemption price of 100.45 yuan per bond [9] - The company’s board of directors has approved the early redemption of the convertible bonds, and the management has been authorized to handle all related matters [11][12]
广东华锋新能源科技股份有限公司第六届董事会第二十二次会议决议公告
Group 1 - The company held its 22nd meeting of the 6th Board of Directors on June 27, 2025, where all 9 directors participated and approved the resolution for early redemption of "HuaFeng Convertible Bonds" [2][3] - The decision to redeem the bonds was triggered as the company's stock price was above 130% of the conversion price for 15 consecutive trading days, meeting the conditions set forth in the bond issuance terms [11][12] - The redemption price for the bonds is set at 101.764 yuan per bond, which includes accrued interest at an annual rate of 2.8% [7][14] Group 2 - The bonds will stop trading on July 17, 2025, with the redemption registration date set for July 21, 2025, and the actual redemption date on July 22, 2025 [7][20] - After the redemption, the "HuaFeng Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [20] - The company will ensure that all bondholders receive their redemption payments by July 29, 2025 [21]
金陵体育: 国泰海通证券股份有限公司关于江苏金陵体育器材股份有限公司提前赎回金陵转债的专项核查意见
Zheng Quan Zhi Xing· 2025-06-25 19:10
Core Viewpoint - The company, Jiangsu Jinling Sports Equipment Co., Ltd., is set to redeem its convertible bonds ahead of schedule due to the stock price meeting the necessary conditions for redemption as outlined in the bond's terms [1][12]. Summary by Sections Convertible Bond Basic Information - The company issued 250 million yuan (25,000,000) of convertible bonds on February 18, 2021, with a maturity of six years and a face value of 100 yuan per bond [1][2]. - The bonds are listed on the Shenzhen Stock Exchange under the name "Jinling Convertible Bonds" with the code "123093" [2]. - The conversion period for the bonds is from July 26, 2021, to January 18, 2027 [2]. Conversion Price Adjustments - The conversion price was adjusted from 49.29 yuan to 49.19 yuan on June 9, 2021, following a cash dividend distribution [2][3]. - Subsequent adjustments were made, with the conversion price changing to 49.09 yuan on June 9, 2022, and to 48.97 yuan on June 9, 2023 [3][4]. - The latest adjustment set the conversion price to 48.82 yuan on June 7, 2024, and further down to 20.00 yuan on November 18, 2024 [4][5]. Conditional Redemption Terms - The bonds have a conditional redemption clause that allows the company to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 trading days within a 30-day period [6][7]. - The bond's coupon rates are structured to increase over the six-year term, starting at 0.5% in the first year and reaching 4.0% in the sixth year [8]. Redemption Implementation - The redemption price is set at 101.726 yuan per bond, which includes the face value and accrued interest [9]. - The redemption will be executed for all bondholders registered by the redemption date of July 17, 2025, and the bonds will be delisted from the exchange post-redemption [9][10]. - The company has confirmed that there were no transactions of the bonds by major stakeholders in the six months leading up to the redemption conditions being met [11]. Board Approval for Redemption - The company's board and supervisory committee approved the early redemption of the bonds on June 25, 2025, after confirming that the stock price conditions for redemption were satisfied [12].
金陵体育: 上海君澜律师事务所关于金陵体育提前赎回可转债之法律意见书
Zheng Quan Zhi Xing· 2025-06-25 19:10
Core Viewpoint - Jiangsu Jinling Sports Equipment Co., Ltd. has triggered the conditional redemption clause of its convertible bonds, and the redemption process complies with relevant regulations and internal decision-making procedures [10]. Group 1: Redemption Conditions - The redemption of the convertible bonds is based on the conditions set forth in the "Management Measures" and "Self-Regulatory Guidelines" [8]. - The company has met the redemption conditions as the closing price of its stock has been above 130% of the current conversion price for 15 consecutive trading days [6][7]. Group 2: Issuance and Approval - The issuance of the convertible bonds was approved by the China Securities Regulatory Commission (CSRC) and listed on the Shenzhen Stock Exchange [4][5]. - The total amount of the convertible bonds issued was 250 million yuan, equivalent to 2.5 billion yuan, and they were listed on February 18, 2021 [5]. Group 3: Decision-Making and Disclosure - The company has followed the necessary decision-making procedures and disclosed relevant information regarding the redemption in accordance with the "Management Measures" and "Self-Regulatory Guidelines" [9][10]. - The board of directors has approved the redemption proposal, and the company has announced the decision to exercise the redemption right [9].
天阳科技: 北京德和衡(上海)律师事务所关于天阳宏业科技股份有限公司提前赎回可转换公司债券的法律意见书
Zheng Quan Zhi Xing· 2025-06-20 11:51
Core Viewpoint - Tianyang Hongye Technology Co., Ltd. is set to redeem its convertible bonds early, having met the necessary conditions as outlined in its offering documents and relevant regulations [11][12][13]. Group 1: Redemption Conditions - The company has issued a total of 975 million yuan in convertible bonds, with a face value of 100 yuan each, which began trading on April 18, 2023 [4][5]. - The redemption conditions specified in the offering document include scenarios where the company's stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days [6][11]. - The initial conversion price was set at 14.92 yuan per share, which was later adjusted to 11.71 yuan per share due to various corporate actions [7][10]. Group 2: Legal Compliance and Approval - The legal opinion confirms that the company has complied with the necessary legal frameworks, including the Securities Law and the Company Law, in executing the redemption [2][12]. - The company has conducted the required internal approvals and disclosures, ensuring that all procedures align with the self-regulatory guidelines [12][14]. - The company is obligated to continue disclosing relevant information to the market regarding the redemption process as per regulatory requirements [12][13].
金丹科技: 第五届董事会第二十七次会议决议公告
Zheng Quan Zhi Xing· 2025-06-13 12:57
Group 1 - The board of directors of Henan Jindan Lactic Acid Technology Co., Ltd. held its 27th meeting on June 13, 2025, where all seven directors attended, and the meeting was deemed legally valid [1][2] - The board approved the proposal for the early redemption of "Jindan Convertible Bonds" based on the stock price performance, which had been above the conversion price for fifteen trading days [2] - The decision to exercise the early redemption right was made after considering the current market conditions and the company's situation, with management authorized to handle all related matters [2] Group 2 - The stock price of the company has been above the conversion price since June 3, 2025, and if it remains above 130% of the conversion price for at least fifteen out of thirty consecutive trading days, the board can act on the redemption [2] - The board's decision received unanimous support with a voting result of 7 in favor, 0 against, and 0 abstentions [2] - Legal opinions and verification reports were provided by Guojin Securities Co., Ltd. and Beijing Zhide Law Firm, respectively, confirming the legality of the redemption process [2]