Core Viewpoint - The company, Beijing Beilu Pharmaceutical Co., Ltd., is proceeding with the early redemption of its convertible bonds, "Beilu Convertible Bonds," following the necessary approvals and compliance with relevant regulations [1][7]. Group 1: Convertible Bond Basic Information - The total issuance amount of the convertible bonds is 500 million yuan, approved by the China Securities Regulatory Commission [1]. - The bonds were listed on the Shenzhen Stock Exchange on December 28, 2020, under the name "Beilu Convertible Bonds" with the code "123082" [1]. - The conversion period for the bonds starts six months after issuance and lasts until the maturity date [1]. Group 2: Conversion Price Adjustment - The initial conversion price was set at 11.41 yuan per share, which was adjusted down to 8.86 yuan per share on February 8, 2021, due to stock price conditions [2]. - Further adjustments were made to the conversion price, with the latest adjustment bringing it down to 7.02 yuan per share effective from May 19, 2025 [5]. Group 3: Conditional Redemption Terms - The bonds have a conditional redemption clause that allows the company to redeem them if the stock price reaches 130% of the conversion price [6]. - The stock price condition for redemption was met between June 17, 2025, and July 14, 2025, triggering the company's right to redeem the bonds [6]. Group 4: Decision-Making Process for Redemption - The company's board of directors approved the early redemption of the bonds to optimize capital structure and reduce financial costs [6]. - The management was authorized to handle all matters related to the redemption process [6]. Group 5: Compliance and Verification - The underwriting institution, CITIC Construction Investment Securities, confirmed that the early redemption process complies with relevant regulations and internal approvals [7].

证券代码：300665 证券简称：飞鹿股份 公告编号：2025-069 债券代码：123052 债券简称：飞鹿转债 株洲飞鹿高新材料技术股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 会第五次会议（以下简称"本次董事会会议"）的会议通知于2025年7月14日通 过电话等形式发出。 式召开。 先生、董事娄禛子女士、独立董事刘崇先生、独立董事唐有根先生、独立董事朱 谦先生以通讯方式出席、无委托出席情况。 了说明，公司控股股东、实际控制人、终身名誉董事长章卫国先生以及监事和高 级管理人员列席了本次董事会会议。 律、行政法规、部门规章、规范性文件和《株洲飞鹿高新材料技术股份有限公司 章程》的有关规定。 二、董事会会议审议情况 （一）审议通过《关于提前赎回飞鹿转债的议案》。 自2025年6月24日至2025年7月14日，公司股票已经连续15个交易日收盘价格 超过"飞鹿转债"当期转股价格的130%（即7.813元/股），已经触发《株洲飞鹿 高新材料技术股份有限公司创业板公开发行可转换公司债券募集说明书》约定的 有条件赎回条款（即：在本 ...

股票代码：300016 股票简称：北陆药业 公告编号：2025-069 债券代码：123082 债券简称：北陆转债 北京北陆药业股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 北京北陆药业股份有限公司（以下简称"公司"）第九届董事会第二次会 议于2025年7月14日下午以现场及通讯相结合的方式召开，会议通知以邮件方 式送达各位董事。本次会议应出席董事9人，实际出席董事9人，实际参加表决 董事9人。本次会议的召集召开程序符合《公司法》和《公司章程》的有关规 定。会议由董事长王旭先生主持，与会董事以记名投票方式审议通过了《关于 提前赎回"北陆转债"的议案》 自 2025 年 6 月 17 日至 2025 年 7 月 14 日，公司股票在任意连续三十个 交易日中已有十五个交易日的收盘价不低于当期转股价格 7.02 元/股的 130% （含 130%，即 9.13 元/股） ，已触发"北陆转债"有条件赎回条款。结合当前 市场及公司实际情况，为优化公司资本结构、降低财务费用，公司董事会同意 行使"北陆转债"的提前赎回权利。同时，董事会授权公司管理层负责后 ...

Core Points - Qilu Bank has announced the early redemption of its convertible bonds, "Qilu Convertible Bonds," which will be redeemed at a price of RMB 100.7068 per bond [1][5][9] - The last trading day for the "Qilu Convertible Bonds" is set for August 8, 2025, and the redemption registration date is August 13, 2025 [1][7] - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange on August 14, 2025 [2][7] Redemption Details - The redemption price includes the face value of RMB 100 plus accrued interest of RMB 0.7068, calculated based on a 1.00% annual coupon rate over 258 days [5][6] - The conditional redemption clause was triggered as the company's stock price exceeded 130% of the conversion price for 15 trading days within a specified period [2][4] - Investors must either convert their bonds at the conversion price of RMB 5.00 per share or sell them in the secondary market before the last trading day to avoid forced redemption [2][9] Important Dates - Last trading day: August 8, 2025 [1][7] - Redemption registration date: August 13, 2025 [1][6] - Redemption payment date: August 14, 2025 [6][8] Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of RMB 100.5654 per bond after tax [8][9] - Non-resident enterprises are exempt from corporate income tax and value-added tax on interest income from these bonds until December 31, 2025 [8]

Core Viewpoint - Jiangxi Hongcheng Environment Co., Ltd. has decided not to exercise the early redemption rights of its convertible bonds, known as "Hongcheng Convertible Bonds," based on a comprehensive assessment of current market conditions and the company's actual situation [1][4]. Group 1: Issuance and Terms of "Hongcheng Convertible Bonds" - The company issued 18 million convertible bonds on November 20, 2020, with a total amount of 1.8 billion yuan and a maturity period of 6 years [1]. - The initial conversion price was set at 7.13 yuan per share, while the latest conversion price is 4.88 yuan per share [2]. - The bonds have a tiered interest rate structure, starting from 0.2% in the first year and increasing to 2.0% in the sixth year [1]. Group 2: Redemption Conditions - The company has conditional redemption terms, allowing the board to redeem the bonds if the stock price exceeds 130% of the conversion price for at least 15 out of 30 consecutive trading days or if the remaining unconverted bonds are less than 300 million yuan [2][3]. - The redemption clause can be triggered between June 22 and July 11, 2025, if the stock price conditions are met [3]. Group 3: Board Decision and Future Considerations - The board has resolved not to exercise the early redemption rights for the "Hongcheng Convertible Bonds" and will reassess the situation after July 12, 2026, if the redemption conditions are met again [4]. - The company has confirmed that major stakeholders have not traded the convertible bonds in the six months prior to the redemption condition being met [4]. Group 4: Compliance and Verification - The underwriting institution has verified that the decision not to redeem the bonds early complies with relevant regulations and has been approved by the company's board [5].

Group 1 - The company, Jiangxi Zhite New Materials Co., Ltd., has initiated the early redemption of its convertible bonds, known as "Zhite Convertible Bonds" [1][9] - The total amount of convertible bonds issued was 6.14033 million units, with a total fundraising of RMB 614.033 million, and the bonds were listed on April 21, 2023 [1][2] - The initial conversion price of the bonds was set at RMB 41.08 per share, which has been adjusted multiple times, with the latest adjustment bringing it down to RMB 8.86 per share [2][3] Group 2 - The company has specific conditions for the early redemption of the convertible bonds, which include the stock price being at least 130% of the conversion price for 15 out of 30 consecutive trading days [5][6] - The redemption price for the bonds is calculated based on the face value plus accrued interest, which is approximately RMB 100.36 per bond [7][8] - The redemption process is set to occur on August 15, 2025, with funds being transferred directly to the bondholders' accounts [8]

Group 1 - The company held its 29th meeting of the third board of directors on July 8, 2025, via electronic communication, with all 7 directors present, confirming the legality and validity of the meeting [2][4]. - The board approved the proposal for the early redemption of "Quanfeng Convertible Bonds" due to the stock price being above 130% of the conversion price for 15 consecutive trading days from June 12 to July 8, 2025 [3][16]. - The company will redeem all registered "Quanfeng Convertible Bonds" at face value plus accrued interest, and the management is authorized to handle all related matters [3][16]. Group 2 - The "Quanfeng Convertible Bonds" were issued on September 14, 2021, with a total amount of RMB 620 million and a maturity of 6 years, featuring a tiered interest rate structure [9][10]. - The bonds became convertible into A-shares starting March 22, 2022, with an initial conversion price of RMB 23.03 per share, which has been adjusted multiple times due to various corporate actions [11][12][14]. - The 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 [15].

Summary of Key Points Core Viewpoint - The company, Xiamen Songlin Technology Co., Ltd., has decided not to exercise the early redemption option for its convertible bonds, known as "Songlin Convertible Bonds," to protect investor interests despite meeting the conditions for redemption [1][4]. Group 1: Convertible Bond Issuance Overview - The company issued 6.1 million convertible bonds with a face value of 100 RMB each, totaling 610 million RMB, approved by the China Securities Regulatory Commission on July 20, 2022 [1][2]. - The bonds have a fixed interest rate of 1.00% in the first year, increasing to 2.00% in the sixth year [1]. Group 2: Redemption Terms and Trigger Conditions - The redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 trading days [2][3]. - The current conversion price is set at 16.58 RMB per share, with the recent trading price being 15.41 RMB per share [2]. Group 3: Decision on Early Redemption - The board of directors has unanimously decided not to redeem the bonds early, even though the stock price has met the redemption conditions from June 18 to July 8, 2025 [3][4]. - The company will reassess the situation after October 8, 2025, should the redemption conditions be triggered again [3]. Group 4: Related Party Transactions - The company's major shareholders and executives have not held or traded the convertible bonds in the six months leading up to the redemption conditions being met [4]. Group 5: Underwriter's Review - The underwriter, Guotai Junan Securities, has confirmed that the decision not to redeem the bonds early complies with relevant regulations and internal decision-making processes [4][5].

Core Viewpoint - The company 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, leading to a decision for early redemption of the bonds [1][4]. Group 1: Convertible Bond Issuance Overview - The company issued 6.2 million convertible bonds with a total amount of RMB 62 million, with a maturity of 6 years and a tiered interest rate structure [2]. - The bonds were listed on the Shanghai Stock Exchange on October 21, 2021, under the name "泉峰转债" and code "113629" [2]. - The initial conversion price was set at RMB 23.03 per share, effective from March 22, 2022 [2]. Group 2: Conversion Price Adjustments - The conversion price has undergone several adjustments, with the latest being RMB 22.24 per share effective from September 15, 2023 [3]. Group 3: Redemption Terms and Trigger Conditions - 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 [4]. - From June 12 to July 8, 2025, the company's stock price met the criteria for triggering the redemption clause [4]. Group 4: Decision on Early Redemption - The company's board of directors approved the early redemption of the convertible bonds at face value plus accrued interest on July 8, 2025 [1][5]. - The management is authorized to handle all matters related to the early redemption process [5].

Group 1 - The core point of the article is that Qindao Weilon Valve Co., Ltd. has decided to exercise the early redemption of its convertible bonds, "Weilon Convertible Bonds," based on specific conditions being met [1][7] - The total amount raised from the issuance of the convertible bonds is RMB 269.71 million, with a net amount of RMB 262.64 million after deducting issuance costs [1][2] - The initial conversion price of the bonds was set at RMB 8.60 per share, which will be adjusted to RMB 8.26 per share effective from May 29, 2025, due to the company's profit distribution plan [2][4] Group 2 - The conditions for early redemption of the "Weilon Convertible Bonds" include the stock price closing at or above 130% of the conversion price for 15 trading days [4][6] - The redemption price for the bonds is calculated to be RMB 100.485 per bond, which includes accrued interest [5][6] - The redemption process will involve all registered bondholders as of July 31, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange after redemption [5][6] Group 3 - The company’s board of directors has approved the early redemption of the bonds, and the necessary decision-making procedures have been followed [7] - The actual controller and major shareholders have not engaged in any trading of the bonds in the six months prior to the redemption conditions being met [6][7] - The sponsor, CITIC Securities, has confirmed that the early redemption process complies with relevant regulations and the terms outlined in the offering document [7]