Securities code: 002865 securities abbreviation: Hainan Drinda Automotive Trim Co.Ltd(002865) Announcement No.: 2022-037
Bond Code: 128050 bond abbreviation: Junda convertible bond
Hainan Drinda Automotive Trim Co.Ltd(002865)
Announcement on delisting of "Junda convertible bonds"
The company and all members of the board of directors guarantee that the information disclosure is true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
1. Redemption date of "Junda convertible bonds": January 28, 2022.
2. Delisting date of "Junda convertible bonds": February 14, 2022.
1、 Overview of redemption of "Junda convertible bonds"
Approved by the reply on approving Hainan Drinda Automotive Trim Co.Ltd(002865) public issuance of convertible corporate bonds (hereinafter referred to as "convertible bonds") issued by the China Securities Regulatory Commission (CSRC) (zjxk [2018] No. 1733), the company publicly issued 3.2 million convertible corporate bonds (hereinafter referred to as "convertible bonds") with a face value of 100 yuan each, a total issuance amount of 320 million yuan and a term of 6 years.
With the consent of "SZS [2018] No. 641" document of Shenzhen Stock Exchange, the company is a convertible company with 320 million yuan
The bonds have been listed and traded on the Shenzhen Stock Exchange since December 27, 2018. The bonds are referred to as "Junda convertible bonds" for short, and the bond code is
“128050”。
According to relevant regulations and the company's prospectus for public offering of convertible corporate bonds, the "Junda convertible bonds" issued by the company can be converted into shares of the company from June 14, 2019, and the conversion period is from June 14, 2019 to December 10, 2024. The initial conversion price of "Junda convertible bonds" is 21.74 yuan / share; Due to the implementation of the company's equity distribution plan in 2018, according to the relevant provisions of the price adjustment of convertible bonds into shares, the company adjusted the share conversion price of "Junda convertible bonds", and the share conversion price of "Junda convertible bonds" was adjusted to 21.59 yuan / share from July 22, 2019; Due to the cancellation of restricted stock repurchase, the company adjusted the conversion price of "Junda convertible bonds" accordingly according to the relevant provisions on the price adjustment of convertible bonds. From August 27, 2019, the conversion price of "Junda convertible bonds" was adjusted to 21.66 yuan / share; The closing price of the company's shares has been lower than 85% (21.66 yuan / share) of the current conversion price of "Junda convertible bonds" for at least 15 of the 30 consecutive trading days × 85% = 18.411 yuan / share), according to the relevant terms of the price adjustment of convertible bonds, the company adjusted the price of "Junda convertible bonds" accordingly, and the price of "Junda convertible bonds" was adjusted to 14.93 yuan / share from March 16, 2020; Due to the implementation of the company's equity distribution plan in 2019, according to the relevant terms of the price adjustment of convertible bonds into shares, the company adjusted the price of "Junda convertible bonds" to 14.83 yuan / share from June 17, 2020; The price of convertible bonds will be adjusted to 85.00 yuan on October 15, 2020, according to the "convertible bonds" convertible price of convertible bonds; Due to the implementation of the company's equity distribution plan in 2020, according to the relevant provisions of the price adjustment of convertible bonds into shares, the company adjusted the price of "Junda convertible bonds" to 14.80 yuan / share from May 26, 2021; Due to the cancellation of restricted stock repurchase, according to the relevant provisions on the price adjustment of convertible bonds, the company adjusted the share conversion price of "Junda convertible bonds", and the share conversion price of "Junda convertible bonds" was adjusted to 14.81 yuan / share from November 26, 2021.
2、 Procedures and schedule of this redemption
1. "Junda convertible bonds" triggered conditional redemption on January 4, 2022.
2. Registration date of redemption of "Junda convertible bonds": January 27, 2022
3. Redemption date of "Junda convertible bonds": January 28, 2022
4. The trading date of "Junda convertible bonds" is January 27, 2022.
5. The date on which the "Junda convertible bonds" stop converting shares: January 28, 2022.
6. Fund arrival date of the issuer (company): February 9, 2022
7. Arrival date of redemption money of investors: February 11, 2022
8. From January 5, 2022 to January 27, 2022, the company disclosed 14 suggestive announcements on the implementation of the redemption of "Junda convertible bonds", notifying the holders of "Junda convertible bonds" about the redemption. For the details of the redemption results of "Junda convertible bonds" (bond Code: 128050), please refer to the company's published on the designated information disclosure media "Securities Times", "China Securities News", "Securities Daily" and cninfo (www.cn. Info. Com. CN.) on the same day Announcement on the redemption results of "Junda convertible bonds" (Announcement No.: 2022-036).
3、 Delisting arrangements
Because this redemption is full redemption, after the redemption, there will be no "Junda convertible bonds" to continue circulation or trading, and "Junda convertible bonds" will no longer meet the listing conditions and need to be delisted. From February 14, 2022, "Junda convertible bonds" (bond Code: 128050) issued by the company will be delisted in Shenzhen Stock Exchange.
4、 Latest equity structure
Before this change, this increase or decrease (+ -) (shares) after this change
Quantity (share) proportion of convertible bonds to other subtotal quantity (share) proportion (%) share (%)
1、 Sales restriction conditions: 81900000 68.25% - 78523988 - 78523988 3376012 2.39% tradable shares / non tradable shares
Executive locking shares 3376012 3376012 3376012 2.39%
Restricted shares after IPO: 68.25% - 81900000 - 81900000
2、 Unlimited sales terms 38100000 31.75% 21524273 78523988 100048261 138148261 97.61% circulating shares
3、 Total share capital 120000000 100% 21524273 0 21524273 141524273 100%
Note: 1. The share capital before this change is as of June 13, 2019 (the trading day before the start of share conversion)
Share capital; The company's 2018 restricted stock incentive plan granted 1.68 million restricted shares for the first time, due to the industry
If the performance appraisal fails to meet the standard, all shares have been repurchased and cancelled, and the total share capital "before this change" in the above table has excluded this part of shares.
2. The share capital after this change is the share capital as of January 27, 2022 (Redemption registration date).
3. For details of the changes in share capital during the duration of the company's convertible bonds, see the company's regular publication in the designated information disclosure media
Information network (www.cn. Info. Com. CN.) Announcement on the quarterly conversion of "Junda convertible bonds" on.
6、 Contact information
Consulting department: Securities Affairs Department of the company
Contact: Zheng Tong, Jiang Caifang
Tel: 0898-66802555
Email: [email protected].
It is hereby announced.
Hainan Drinda Automotive Trim Co.Ltd(002865)
Board of directors
February 12, 2022
