Anhui Zhongding Sealing Parts Co.Ltd(000887) : suggestive announcement that zhongdingzhuan 2 may meet the redemption conditions

Securities code: 000887 securities abbreviation: Anhui Zhongding Sealing Parts Co.Ltd(000887) Announcement No.: 2022-008 convertible bond Code: 127011 convertible bond abbreviation: zhongdingzhuan 2

Anhui Zhongding Sealing Parts Co.Ltd(000887)

Suggestive announcement that zhongdingzhuan 2 may meet the redemption conditions

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.

Special tips:

During the period from January 1, 2022 to January 17, 2022, the closing price of the company’s stock price for ten trading days shall not be lower than 130% of the current conversion price of “Zhongding transfer 2” (i.e. RMB 11.39 / share). If the closing price of the company’s shares for five trading days in the next 20 trading days is not lower than 130% (including 130%) of the current conversion price, the conditional redemption clause of “Zhongding transfer 2” will be triggered, At that time, according to the relevant provisions of the conditional redemption terms in the prospectus for the public offering of convertible corporate bonds (hereinafter referred to as the “prospectus for convertible bonds”), the board of directors of the company has the right to decide to redeem all or part of the “Zhongding Zhuan 2” that has not been converted according to the face value of the bonds plus the accrued interest of the current period.

1、 Basic information of the company’s convertible bonds

With the approval of “zjxk [2018] No. 1803” document of 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 Shenzhen Stock Exchange (hereinafter referred to as “SZS [2019] [165]), the company’s RMB 1.2 billion convertible corporate bonds are 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 to 2” is from September 16, 2019 to March 8, 2025. According to relevant laws, regulations and the relevant provisions of the prospectus for convertible bonds, the convertible bonds issued by the company can be converted into shares of the company from September 16, 2019. The initial conversion price of convertible bonds is 11.99 yuan / share, and the latest conversion price is 11.39 yuan / share.

2、 Possible achievements of conditional redemption terms of convertible bonds

1. Conditional redemption clause

During the conversion period of convertible corporate bonds issued this time, in case of any of the following two situations, the board of directors of the company has the right to decide to redeem all or part of the convertible corporate bonds that have not been converted according to the face value of the bonds plus the accrued interest of the current period:

① During the conversion period of convertible corporate bonds issued this time, if the closing price of the company’s shares on at least 15 trading days in any continuous 30 trading days is not less than 130% (including 130%) of the current conversion price;

② When the balance of convertible corporate bonds issued this time is less than 30 million yuan.

The calculation formula of current accrued interest is: ia = B × i × t/365

Ia: interest accrued in the current period;

B: Refers to the total face value of convertible corporate bonds to be redeemed held by the holders of convertible corporate bonds issued this time;

i: Refers to the coupon rate of convertible corporate bonds in the current year;

t: It refers to the interest bearing days, that is, the actual calendar days from the last interest payment date to the redemption date of this interest bearing year (the beginning does not count the end).

If the conversion price has been adjusted within the above 30 trading days, the conversion price and closing price before the adjustment shall be calculated on the trading day before the adjustment, and the adjusted conversion price and closing price on the trading day after the adjustment.

2. Possible achievements of conditional redemption terms

During the period from January 1, 2022 to January 17, 2022, the closing price of the company’s stock price for ten trading days shall not be lower than 130% of the current conversion price of “Zhongding transfer 2” (i.e. RMB 11.39 / share). If the closing price of the company’s shares for five trading days in the next 20 trading days is not lower than 130% (including 130%) of the current conversion price, the conditional redemption clause of “zhongdingzhuan 2” will be triggered. At that time, according to the relevant provisions of the conditional redemption clause in the prospectus for convertible bonds, the board of directors of the company has the right to decide the price of the par value of the bonds plus the accrued interest of the current period, Redeem all or part of the “Zhongding Zhuan 2” that has not been converted into shares.

3、 Risk tips

In accordance with the relevant provisions of the measures for the administration of securities issuance of listed companies, the measures for the administration of convertible corporate bonds and the prospectus for convertible bonds, the company will convene the board of directors to consider whether to redeem “zhongdingzhuan 2” after triggering the “conditional redemption clause” and timely fulfill the obligation of information disclosure. Please understand the relevant provisions of convertible bonds in detail, pay attention to the company’s subsequent announcements and pay attention to investment risks.

4、 Contact information

Contact Department: Securities Department of the company

Tel.: 0563-4181887

It is hereby announced.

Anhui Zhongding Sealing Parts Co.Ltd(000887) board of directors

January 18, 2022

- Advertisment -