Securities code: East Money Information Co.Ltd(300059) securities abbreviation: China Stock Market News Announcement No.: 2022035 convertible bond Code: 123111 bond abbreviation: dongcaizhuan 3
China Stock Market News Information Co., Ltd
Announcement on the redemption results of "Dongcai Zhuan 3"
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 bond redemption
1. Overview of issuance and listing of "Dongcai Zhuan 3"
It was deliberated and adopted at the 8th review meeting of the Listing Committee of the GEM Listing Committee of Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange") in 2021, The registration was approved by the reply on Approving the registration of China Stock Market News Information Co., Ltd. issuing convertible corporate bonds to unspecified objects (zjxk [2021] No. 885) of China Securities Regulatory Commission (hereinafter referred to as "CSRC"), China Stock Market News Information Co., Ltd. (hereinafter referred to as "the company") issued 158 million convertible corporate bonds (bonds referred to as dongcaizhuan 3, bond Code: 123111, hereinafter referred to as "the convertible bonds") to unspecified objects on April 7, 2021, with a face value of 100 yuan and a total issuance amount of 15.8 billion yuan. With the approval of Shenzhen Stock Exchange, the company's convertible bonds have been listed and traded on Shenzhen Stock Exchange since April 23, 2021.
2. Circumstances triggering redemption
"Dongcai Zhuan 3" entered the stock conversion period on October 13, 2021, and triggered the conditional redemption clause for the first time on November 2, 2021. On the same day, the company held the 18th meeting of the Fifth Board of directors and decided not to exercise the early redemption right of "Dongcai Zhuan 3" and not to redeem "Dongcai Zhuan 3" in 2021.
Recalculated on the first trading day after January 1, 2022, the closing price of the company's shares for 15 consecutive trading days from January 4, 2022 to January 24, 2022 shall not be lower than 130% (30.36 yuan / share) of the current conversion price (23.35 yuan / share), The conditional redemption terms agreed in the prospectus for the issuance of convertible corporate bonds to unspecified objects on the gem of China Stock Market News Information Co., Ltd. (hereinafter referred to as the "prospectus") have been triggered. The 19th meeting of the 5th board of directors of the company deliberated and approved the proposal on redemption of all issued convertible corporate bonds, and decided to exercise the redemption right of "dongcaizhuan 3" and redeem all "dongcaizhuan 3" registered on the redemption registration date at the price of face value of convertible bonds plus accrued interest in the current period.
3. Procedures and schedule of this redemption
(1) "Dongcai Zhuan 3" triggered conditional redemption on January 24, 2022.
(2) Within 5 trading days after meeting the redemption conditions for the first time, the company issued 5 redemption announcements on the website of Shenzhen Stock Exchange and the information disclosure media meeting the conditions specified by the CSRC, and 21 redemption announcements on the website of Shenzhen Stock Exchange and the information disclosure media meeting the conditions specified by the CSRC from January 25, 2022 to February 28, 2022, Notify the holders of "Dongcai Zhuan 3" of relevant matters of this redemption.
(3) "Dongcaizhuan 3" will stop trading and share conversion from the opening of the market on March 1, 2022. March 4, 2022 is the company's payment date for the redemption money of "dongcaizhuan 3". March 8, 2022 is the date when the redemption money reaches the capital account of "dongcaizhuan 3" holders. The redemption money of "dongcaizhuan 3" is directly transferred to the capital account of "dongcaizhuan 3" holders through Convertible Bond Custody brokers.
2、 Redemption result
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 28, 2022, 140612 "Dongcai Zhuan 3" have not been converted into shares, and the number of redeemed shares this time is 140612. According to the terms of conditional redemption in the prospectus of the company's convertible bonds, redeem all the "Dongcai Zhuan 3" that have not been converted into shares at the price of the face value of the convertible bonds plus the accrued interest in the current period.
Redemption price: 100.18 yuan / piece (bond face value plus accrued interest (tax included), current interest rate is 0.20%).
The company paid a total of 1408651016 yuan for this redemption.
3、 Redemption impact
1. The total face value of the company's redemption of "Dongcai Zhuan 3" is 1406120000 yuan, accounting for 0.09% 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 the bonds.
2. As of the date when the "Dongcai Zhuan 3" stock conversion stopped, the "Dongcai Zhuan 3" stock conversion led to an increase of 67 Oppein Home Group Inc(603833) 1 shares in the company's total share capital, further enhancing the company's capital strength. Meanwhile, due to the increase of total share capital, the earnings per share of the company will be diluted in the short term.
3. The "delisting of Dongcai" will lead to the disqualification of "delisting of Dongcai".
4、 Delisting arrangement
This redemption is full redemption. After the redemption, there will be no circulation or transaction of "dongcaizhuan 3", and "dongcaizhuan 3" will no longer meet the listing conditions and need to be delisted. From March 9, 2022, the "Dongcai Zhuan 3" (bond Code: 123111) issued by the company will be delisted from the Shenzhen Stock Exchange. For relevant matters, see the relevant announcements disclosed by the company on the website of the Shenzhen Stock Exchange and the information disclosure media meeting the conditions specified by the CSRC on the same day.
5、 Latest equity structure
As of the closing of the market on February 28, 2022, the share capital structure of the company is:
Before and after this change
Nature of shares (September 30, 2021) (February 28, 2022) proportion of shares proportion of convertible bonds to shares subtotal of executive locked shares proportion change
1、 Sales restriction 180220237317.44% 3258050 - 34217537 - 30959487177124288616.08% circulating shares
2、 Unlimited sale of 853356141682.56% 67278028134217537706997818924055923483.92% conditional tradable shares
3、 Total share capital 10335763789100.00% 67 Oppein Home Group Inc(603833) 1067 Oppein Home Group Inc(603833) 111011802120100.00%
6、 Consultation mode
Consulting department: Secretary Office of the board of directors of the company
Tel.: 02154660526
7、 Documents for future reference
1. China Stock Market News Information Co., Ltd. gem issues prospectus for convertible corporate bonds to unspecified objects
2. Resolution of the 19th meeting of the 5th board of directors of China Stock Market News Information Co., Ltd
It is hereby announced.
Board of directors of China Stock Market News Information Co., Ltd. March 8, 2002
