Core Viewpoint - The company has announced the early redemption of its convertible bonds, "华友转债," due to the stock price meeting the necessary conditions for redemption, which will take place on September 29, 2025 [1][2]. Redemption Announcement - The company’s board approved the early redemption of "华友转债" on August 29, 2025, and detailed the redemption process in subsequent announcements [2][3]. - The total amount to be redeemed is 8,543,522.93 yuan, including accrued interest, with a redemption price of 100.8918 yuan per bond [4][11]. Redemption Details - The redemption registration date is set for September 26, 2025, and all holders registered by this date will be eligible for redemption [3]. - The accrued interest for the bonds is calculated to be 0.8918 yuan per bond, leading to a total redemption price of 100.8918 yuan [5][7]. Impact on Company - As of the redemption registration date, the remaining balance of "华友转债" is 8,468,000 yuan, which represents 0.11% of the total issuance [8][12]. - The total stock capital will increase to 1,899,272,277 shares post-redemption, which may dilute earnings per share in the short term but is expected to enhance the company's capital strength and reduce the debt-to-asset ratio in the long run [12]. Share Conversion - By the redemption date, a total of 7,591,532,000 yuan of "华友转债" has been converted into A-shares, with 220,464,064 shares issued, accounting for 13.80% of the company's total shares before conversion [8][10]. Trading Suspension - "华友转债" will cease trading from September 24, 2025, and any unconverted bonds will be frozen and stop converting after the registration date [10].

Core Points - The company announces the redemption and delisting of "Huayou Convertible Bonds" [1] - The last trading day for "Huayou Convertible Bonds" is September 23, 2025, and trading will stop from September 24, 2025 [2][14] - The final conversion date is September 26, 2025, which is the last day for bondholders to convert their bonds into shares [3][14] - The bonds will be redeemed at a price of 100.8918 CNY per bond, which includes the face value and accrued interest [4][10] - The redemption date is set for September 29, 2025, when the bonds will be delisted from the Shanghai Stock Exchange [4][15] Redemption Conditions - The conditional redemption clause has been triggered as the company's stock price has been above 130% of the conversion price for 15 trading days [5][8] - The redemption will apply to all bondholders registered by the redemption registration date of September 26, 2025 [9] - The accrued interest is calculated based on the formula provided, resulting in an interest of 0.8918 CNY per bond [10] Important Dates - Last trading day: September 23, 2025 [6] - Last conversion day: September 26, 2025 [3][14] - Redemption registration date: September 26, 2025 [6] - Redemption payment date: September 29, 2025 [13] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.7134 CNY per bond after tax [16] - Qualified foreign institutional investors will receive the full redemption amount of 100.8918 CNY per bond without tax deductions [17]

Core Points - Huayou Cobalt announced that investors holding "Huayou Convertible Bonds" can only convert at a price of 34.43 yuan per share or opt for forced redemption at a total of 100.8918 yuan per bond, which includes the face value and accrued interest [1] Company Summary - The forced redemption option may lead to significant investment losses for investors [1]

Core Points - The company announces the redemption and delisting of "Huayou Convertible Bonds" effective from September 24, 2025 [2][4] - The last conversion date for the bonds is September 26, 2025, with only two trading days remaining before this date [3][14] - Following the early redemption, the bonds will be delisted from the Shanghai Stock Exchange starting September 29, 2025 [4][15] Redemption Details - The redemption price is set at 100.8918 CNY per bond, which includes the face value of 100 CNY and accrued interest of 0.8918 CNY [4][10] - The redemption registration date is September 26, 2025, and the payment date for the redemption amount is September 29, 2025 [6][13] - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for 15 trading days [5][8] Conditions for Redemption - The company can redeem the bonds if either of the following conditions is met: the stock price remains above 130% of the conversion price for 15 trading days or the remaining unconverted bonds are less than 30 million CNY [7][8] - The accrued interest calculation is based on the formula: IA = B × i × t / 365, where B is the total face value, i is the annual interest rate, and t is the number of days [10] Trading and Conversion - Trading of "Huayou Convertible Bonds" will cease from September 24, 2025, and investors are reminded to convert their bonds within the specified timeframe [5][14] - The last trading day for the bonds is September 23, 2025 [6] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.7134 CNY per bond after tax [16] - For qualified foreign institutional investors, the redemption amount will be distributed without tax deductions [17]

Core Points - Huayou Cobalt announced that the "Huayou Convertible Bond" will cease trading on September 24, 2025, with the last conversion date being September 26, 2025 [1] - After the early redemption, the "Huayou Convertible Bond" will be delisted from the Shanghai Stock Exchange on September 29, 2025 [1] - Investors can convert the bonds at a price of 34.43 CNY per share or opt for forced redemption at a total of 100.8918 CNY per bond, which includes the face value and accrued interest [1] - Forced redemption may lead to significant investment losses for investors [1]

Core Viewpoint - The company announces the redemption and delisting of its convertible bond "Huayou Convertible Bond" effective from September 24, 2025, with the last conversion date set for September 26, 2025 [1][2][4]. Redemption Details - The "Huayou Convertible Bond" will stop trading from September 24, 2025 [2][14]. - The last conversion date is September 26, 2025, with only three trading days remaining until this date [3][14]. - Following the early redemption, the bond will be delisted from the Shanghai Stock Exchange starting September 29, 2025 [4][15]. - Investors can convert the bond at a price of 34.43 CNY per share or opt for a forced redemption at 100.8918 CNY per bond, which includes accrued interest [4][10]. Conditional Redemption Trigger - The bond's conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price (44.759 CNY) for 15 trading days from July 25 to August 29, 2025 [5][8]. - The board approved the early redemption on August 29, 2025, based on the conditions outlined in the bond's prospectus [5][8]. Redemption Process - The redemption registration date is September 26, 2025, with the redemption price set at 100.8918 CNY per bond [6][10]. - The redemption payment will be issued on September 29, 2025 [13]. - All bonds registered by the redemption date will be frozen and subsequently redeemed [11][18]. Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.7134 CNY per bond after tax [16]. - Qualified foreign institutional investors will receive the full redemption amount of 100.8918 CNY per bond without tax deductions [17].

Core Points - Huayou Cobalt announced that the "Huayou Convertible Bond" will stop trading on September 24, 2025, with the last conversion date set for September 26, 2025 [2] - After the early redemption, the "Huayou Convertible Bond" will be delisted from the Shanghai Stock Exchange on September 29, 2025 [2] - Investors can either convert their bonds at a conversion price of 34.43 CNY per share or face forced redemption at a total of 100.8918 CNY per bond, which includes accrued interest [2] - Forced redemption may lead to significant investment losses for investors [2]

Core Points - The company announces the last trading day for "Huayou Convertible Bonds" is September 23, 2025, and the last conversion day is September 26, 2025 [1][2][5] - The company has triggered the conditional redemption clause for "Huayou Convertible Bonds" due to the stock price exceeding 130% of the conversion price for 15 trading days [4][7] - The redemption price is set at 100.8918 CNY per bond, which includes accrued interest [9][11] Redemption Details - The redemption registration date is September 26, 2025, and the redemption payment date is September 29, 2025 [5][11] - Investors must convert or sell their bonds before the last trading day to avoid forced redemption [4][16] - The bonds will be delisted from the Shanghai Stock Exchange on September 29, 2025, after the redemption [3][13] Interest and Taxation - The accrued interest for the bonds is calculated using the formula: IA = B × i × t / 365, resulting in an interest of 0.8918 CNY per bond [9][12] - Individual investors are subject to a 20% tax on interest income, leading to a net redemption amount of 100.7134 CNY after tax [14]

Core Points - Zhejiang Huayou Cobalt Co., Ltd. announced the redemption and delisting of "Huayou Convertible Bonds" [1] Group 1 - The company has triggered the conditional redemption clause as its stock price has been above 130% of the conversion price for 15 trading days from July 25 to August 29, 2025 [1] - The redemption registration date is set for September 26, with a redemption price of 100.8918 CNY per bond, and the redemption funds will be distributed on September 29 [1] - "Huayou Convertible Bonds" will cease trading from September 24, with September 26 being the last day for conversion, and the bonds will be delisted from the Shanghai Stock Exchange starting September 29 [1] - The company warns investors to convert their bonds within the specified period to avoid significant investment losses [1]

Core Points - The company announces the redemption and delisting of "Huayou Convertible Bonds" with the last trading day on September 23, 2025, and the last conversion day on September 26, 2025 [2][3][4] Redemption Details - The redemption price is set at 100.8918 CNY per bond, which includes the face value of 100 CNY and accrued interest of 0.8918 CNY [4][10] - The redemption registration date is September 26, 2025, and the redemption payment date is September 29, 2025 [6][12] - Investors must convert or sell their bonds before the last trading day to avoid forced redemption [5][17] Conditions for Redemption - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price (44.759 CNY) for 15 trading days from July 25 to August 29, 2025 [5][8] - The company has the right to redeem all or part of the bonds if the remaining balance is less than 30 million CNY [7][8] Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.7134 CNY per bond after tax [15] - Qualified foreign institutional investors will receive the full redemption amount of 100.8918 CNY per bond without tax deductions [16]