Securities code: Anhui Zhongding Sealing Parts Co.Ltd(000887) securities abbreviation: Anhui Zhongding Sealing Parts Co.Ltd(000887) Announcement No.: 2022035 convertible bond Code: 127011 convertible bond abbreviation: zhongdingzhuan 2
Anhui Zhongding Sealing Parts Co.Ltd(000887)
Announcement on the redemption results of zhongdingzhuan 2
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of redemption of "Zhongding Zhuan 2"
(I) overview of issuance and listing
With the approval of the "zjxk [2018] No. 1803" document of the China Securities Regulatory Commission, Anhui Zhongding Sealing Parts Co.Ltd(000887) (hereinafter referred to as "the company") publicly issued 12 million convertible corporate bonds on March 8, 2019, with a face value of 100 yuan each and a total issuance amount of 1.2 billion yuan. With the consent of "SZS [2019] No. 165" document of Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange"), the company's 1.2 billion yuan convertible corporate bonds will be listed and traded on Shenzhen Stock Exchange from April 4, 2019. The bonds are referred to as "zhongdingzhuan 2" for short and the bond code is "127011". The share conversion period of "Zhongding Zhuan 2" is from September 16, 2019 to March 8, 2025. In accordance with relevant laws and regulations and the prospectus for Anhui Zhongding Sealing Parts Co.Ltd(000887) public offering of convertible corporate bonds (hereinafter referred to as the "prospectus for convertible bonds"), the convertible bonds issued by the company can be converted into shares of the company from September 16, 2019, and the initial conversion price of convertible bonds is 11.99 yuan / share.
Due to the implementation of 2018 annual equity distribution by the company, the conversion price of convertible bonds was adjusted to 11.79 yuan / share on May 31, 2019. Due to the implementation of 2019 annual equity distribution by the company, the price of convertible bonds into shares on July 29, 2020 was 11.59 yuan / share. Due to the implementation of 2020 annual equity distribution by the company, the price of convertible bonds converted into shares was adjusted to 11.39 yuan / share on June 7, 2021.
(II) overview of redemption
The closing price of A-Shares of the company (stock abbreviation: Anhui Zhongding Sealing Parts Co.Ltd(000887) Stock Code: Anhui Zhongding Sealing Parts Co.Ltd(000887) ) has not been lower than 130% of the current conversion price of "Zhongding Zhuan 2" for 15 consecutive trading days from January 1, 2022 to January 24, 2022, which has triggered the conditional redemption terms agreed in the prospectus for convertible bonds.
The company held the 12th meeting of the 8th board of directors on January 24, 2022, deliberated and approved the proposal on early redemption of "zhongdingzhuan 2", and agreed to exercise the conditional redemption right of "zhongdingzhuan 2", Redeem "Zhongding Zhuan 2" of all non convertible shares registered in Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. after the closing of the redemption registration date at the price of bond face value plus accrued interest of the current period.
(III) redemption procedure and schedule
(1) "Zhongdingzhuan 2" triggered conditional redemption on January 24, 2022.
(2) The company will issue three redemption announcements on the information disclosure media designated by the CSRC within 5 trading days after meeting the redemption conditions for the first time (i.e. from January 25, 2022 to February 7, 2022), notifying the holders of "zhongdingzhuan 2" of the relevant matters of this redemption. From January 25, 2022 to February 23, 2022, the company issued 14 suggestive announcements on the implementation of redemption, notifying the holders of "zhongdingzhuan 2" of the redemption. (3) February 24, 2022 is the redemption date of "zhongdingzhuan 2". The company has fully redeemed the "zhongdingzhuan 2" registered after the closing of the market as of the redemption registration date (the trading day before the redemption date: February 23, 2022). Since February 24, 2022, "Zhongding Zhuan 2" has stopped trading and share conversion.
(4) March 1, 2022 is the date when the issuer's (company's) funds arrive. March 3, 2022 is the date when the redemption money reaches the capital account of the "zhongdingzhuan 2" holder. The "zhongdingzhuan 2" redemption money has been directly transferred to the capital account of the "zhongdingzhuan 2" holder through the Convertible Bond Custody broker.
2、 Redemption result of "Zhongding Zhuan 2"
According to the data provided by Shenzhen Branch of China Securities Depository and Clearing Corporation Limited, as of the closing of the market on February 23, 2022, there are 13475 "Zhongding Zhuan 2" shares that have not been converted, and the number of redeemed shares this time is 13475.
The redemption price of "zhongdingzhuan 2" is 100.97 yuan / piece (the face value of the bond plus the accrued interest in the current period, the current interest rate is 1.0%, and the current interest includes tax. The redemption price after tax shall be subject to the price approved by China Securities Depository and Clearing Co., Ltd. Shenzhen Branch). The redemption company paid a total of 136057075 yuan.
3、 Redemption impact
The total face value of the company's redemption of "zhongdingzhuan 2" is 1347500 yuan, accounting for 0.11% of the total issuance, which will not have a great impact on the company's financial status, operating results and cash flow, and will not affect the normal use of the funds raised by convertible bonds.
As of the closing of the market on February 23, 2022, the total share capital of the company has increased by 95669652 shares due to the share conversion of "Zhongding to 2". Due to the increase of total share capital, the earnings per share of the company will be diluted in the short term.
4、 Delisting arrangement
This redemption is full redemption. After the redemption, there will be no circulation or transaction of "zhongdingzhuan 2", and "zhongdingzhuan 2" will no longer meet the listing conditions and need to be delisted. Since March 4, 2022, "Zhongding Zhuan 2" issued by the company
(bond Code: 127011) will be delisted in Shenzhen Stock Exchange. For details, please refer to China Securities on the same day
Newspaper, Shanghai Securities News, securities times and the announcement on the delisting of zhongdingzhuan 2 on cninfo.com. 5、 Latest equity structure
As of the closing of the redemption registration date (February 23, 2022), the latest share capital structure of the company is:
Before this change, increase or decrease of this change (+, -) after this change
Quantity proportion issuance of share bonus accumulation fund other subtotal quantity proportion conversion of new shares into shares
1、 Shares with limited sales conditions 27199230.22% - 127500 - 1275 Nanning Baling Technology Co.Ltd(002592) 4230.20%
Domestic natural persons hold 27199230.22% - 127500 - 1275 Nanning Baling Technology Co.Ltd(002592) 4230.20%
2、 Shares with unlimited sales conditions 121810017299.78% 9579715295797152131389732499.80%
RMB common stock 121810017299.78% 9579715295797152131389732499.80%
3、 Total shares 1220820095100.00% 95669652956696521316489747100.00%
Note: 1. The share capital before this change is the share capital as of September 12, 2019 (the trading day before the start of share conversion)
Situation.
2. For details of the changes in share capital during the duration of the company's convertible bonds, please refer to the company's regular publication on cninfo.com, the designated information disclosure media
（www.cn.info.com.cn.） Announcement on the quarterly share conversion of "Zhongding transfer 2" on.
6、 Consultation mode
Consulting department: Securities Affairs Department of the company
Contact: Wang Songyuan, Luo Qian
Tel.: 05634181887
It is hereby announced
Anhui Zhongding Sealing Parts Co.Ltd(000887)
Board of directors
March 4, 2022
