Home Business The Third Informative Announcement of Shenzhen Hongtao Group Co., Ltd. on the Suspension of Trading and Expiration of “Hongtao Convertible Bonds”_Convertible Bonds_Redemption_Conversion

The Third Informative Announcement of Shenzhen Hongtao Group Co., Ltd. on the Suspension of Trading and Expiration of “Hongtao Convertible Bonds”_Convertible Bonds_Redemption_Conversion

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Original title: Shenzhen Hongtao Group Co., Ltd.’s third reminder announcement on the suspension and expiration of “Hongtao Convertible Bonds”

The company and all members of the board of directors guarantee that the content of the announcement is true, accurate and complete, and that there are no false records, misleading statements or major omissions.

Special Note:

1. According to the arrangement, as of July 28, 2022, the “Hongtao Convertible Bonds” that have not been converted into shares after the market close will be redeemed at the price of 108 yuan per bond (including the last annual interest, and the interest includes tax). After the redemption is completed, “Hongtao Convertible Bonds” will be delisted from the Shenzhen Stock Exchange.

2. “Hongtao Convertible Bonds” will stop trading on July 15, 2022. After the suspension of trading and before the end of the conversion period (i.e. from July 15, 2022 to July 28, 2022), holders of “Hongtao Convertible Bonds” can still convert “Hongtao Convertible Bonds” into “Hongtao shares” stock.

3. The date on which “Hongtao Convertible Bonds” ceases to be converted into shares: July 28, 2022.

Approved by the China Securities Regulatory Commission (hereinafter referred to as the “CSRC”) “Approval for the Public Issuance of Convertible Corporate Bonds by Shenzhen Hongtao Decoration Co., Ltd.” (licensed by the China Securities Regulatory Commission)[2016]996) and approved by the Shenzhen Stock Exchange, the company publicly issued 12 million convertible corporate bonds to the public on July 29, 2016, with a face value of 100 yuan per share and an issue price of 100 yuan each, with a total issuance amount of 100 yuan. RMB 1.2 billion.

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The convertible corporate bonds issued above will mature on July 28, 2022. According to the “Administrative Measures for the Issuance of Securities by Listed Companies”, “Shenzhen Stock Exchange Listing Rules” and “Prospectus for the Public Issuance of Convertible Corporate Bonds by Shenzhen Hongtao Decoration Co., Ltd.” (hereinafter referred to as the “Prospectus for Convertible Bonds”), The relevant matters concerning the delisting of the company’s “Hongtao Convertible Bonds” due to redemption are hereby announced as follows:

1. Payment plan

According to the company’s “Convertible Bonds Prospectus”, within five trading days after the expiration of the convertible bonds issued this time, the issuer will use 108% of the face value of the convertible bonds issued this time (including the last tranche). The price of the annual interest, and the interest includes tax) will be paid to investors for all the convertible bonds that have not been converted into shares, that is, the total payment price of “Hongtao Convertible Bonds” at maturity is 108 yuan per sheet (including interest and tax).

2. The day on which convertible bonds cease to trade

According to the “Shenzhen Stock Exchange’s Implementing Rules for Convertible Corporate Bonds Business“, “Convertible corporate bonds shall stop trading 10 trading days before the end of the conversion period.” The maturity date of “Hongtao Convertible Bonds” is July 28, 2022. According to regulations, “Hongtao Convertible Bonds” will stop trading on July 15, 2022. After the suspension of trading and before the end of the conversion period (i.e. from July 15, 2022 to July 28, 2022), holders of “Hongtao Convertible Bonds” can still convert “Hongtao Convertible Bonds” into “Hongtao shares” stock.

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3. Convertible bond redemption delisting

After the “Hong Tao Convertible Bonds” expires, the company will publish the convertible bonds on Juchao Information Website (www.cninfo.com.cn), China Securities Journal, Shanghai Securities News, Securities Times and Securities Daily. Announcement on the maturity redemption and delisting of bonds, and the completion of the “Hongtao Convertible Bonds” due redemption and delisting work.

4. Other explanatory matters

Consulting Department: Corporate Securities Affairs Department

Contact: Su Yi, Zhu Yalong

Tel: 0755-82451183

Special announcement.

Shenzhen Hongtao Group Co., Ltd. Board of Directors

June 29, 2022Return to Sohu, see more

Editor:

Disclaimer: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.

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