Securities code: 603861 securities abbreviation: Guangzhou Baiyun Electric Equipment Co.Ltd(603861) Announcement No.: 2022-009 convertible bond Code: 113549 convertible bond abbreviation: Baidian convertible bond
Guangzhou Baiyun Electric Equipment Co.Ltd(603861)
Suggestive announcement that "white electricity convertible bonds" may meet the redemption conditions
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Relevant information of this convertible bond
Approved by the reply on approving Guangzhou Baiyun Electric Equipment Co.Ltd(603861) public issuance of convertible corporate bonds (zjxk [2019] No. 1022) of China Securities Regulatory Commission, Guangzhou Baiyun Electric Equipment Co.Ltd(603861) (hereinafter referred to as "the company") publicly issued 8.8 million convertible corporate bonds on November 15, 2019, with a face value of 100 yuan each and a total raised capital of 880 million yuan, The term is six years from the date of issuance.
With the consent of self regulatory decision [2019] No. 275 of Shanghai Stock Exchange, the company's 88 million yuan convertible corporate bonds will be listed and traded in Shanghai Stock Exchange from December 11, 2019. The bonds are referred to as "white electricity convertible bonds" for short and the bond code is "113549".
According to relevant regulations and the company's prospectus for public offering of convertible corporate bonds (hereinafter referred to as the "prospectus"), the "white electricity convertible bonds" issued by the company can be converted into common shares of the company from May 21, 2020, and the initial conversion price is 8.99 yuan / share.
On June 17, 2020, due to the company's implementation of the 2019 profit distribution plan, the conversion price of "white power convertible bonds" was adjusted from 8.99 yuan / share to 8.88 yuan / share. For details, please refer to the suggestive announcement on the price adjustment of "white electricity convertible bonds" (Announcement No.: 2020-033) disclosed by the company on June 10, 2020. On July 14, 2021, due to the company's implementation of the 2020 profit distribution plan, the conversion price of "white power convertible bonds" was adjusted from 8.88 yuan / share to 8.81 yuan / share. For details, see the suggestive announcement on the adjustment of the conversion price of "white power convertible bonds" (Announcement No.: 2021-049) disclosed by the company on July 7, 2021. On August 25, 2021, due to the company's repurchase and cancellation of 2757000 shares of equity incentive restricted shares granted but not lifted, the conversion price of "white power convertible bonds" was adjusted from 8.81 yuan / share to 8.83 yuan / share. have
See the suggestive announcement on the price adjustment of "white electricity convertible bonds" (Announcement No.: 2021-054) and the announcement on the price adjustment of "white electricity convertible bonds" (Announcement No.: 2021-055) disclosed by the company on August 20, 2021 and August 24, 2021.
On November 16, 2021, the Company repurchased and cancelled 11582157 performance compensation shares compensated by the compensation obligor to the company in 2020 because the performance commitment of Guilin Power Capacitor Co., Ltd., the subject of the reorganization of the company's issuance of shares and payment of cash to purchase assets and related party transactions in 2018, was not realized, The conversion price of "white electricity convertible bonds" was adjusted from 8.83 yuan / share to 9.06 yuan / share. For details, see the suggestive announcement on the price adjustment of "white electricity convertible bonds" (Announcement No.: 2021-077) and the announcement on the price adjustment of "white electricity convertible bonds" (Announcement No.: 2021-080) disclosed by the company on November 11, 2021 and November 15, 2021.
2、 Possible achievements of conditional redemption terms of convertible bonds
(I) conditional redemption terms according to the provisions of the company's prospectus, during the conversion period of convertible corporate bonds issued this time, if the closing price of the company's A-share shares for at least 15 consecutive trading days is not less than 130% (including 130%) of the current conversion price, or the non conversion balance of convertible corporate bonds issued this time is less than 30 million yuan, The board of directors of the company has the right to redeem all or part of the convertible corporate bonds that have not been converted into shares at the price of the par value of the bonds plus the accrued interest for the current period.
(II) possible achievements of conditional redemption terms
From December 17, 2021 to January 18, 2022, the closing price of the company's shares has been 12 trading days, which is not lower than 130% of the current conversion price of 9.06 yuan / share, i.e. 11.78 yuan / share. If the closing price of the company's shares for three trading days in the next eight trading days is not lower than 130% (including 130%) of the current conversion price, i.e. 11.78 yuan / share, the conditional redemption clause of "white electricity convertible bonds" will be triggered. At that time, according to the relevant provisions of the conditional redemption clauses in the prospectus, the board of directors of the company has the right to redeem all or part of the "white electricity convertible bonds" that have not been converted into shares at the price of the face value of the bonds plus the accrued interest of the current period.
3、 Risk tips
In accordance with the relevant provisions of the measures for the administration of securities issuance of listed companies, the stock listing rules of Shanghai Stock Exchange, the measures for the administration of convertible corporate bonds and the prospectus, the company will convene the board of directors to review whether to redeem the "white electricity convertible bonds" after triggering the conditional redemption terms of the convertible bonds, and timely perform 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: Guangzhou Baiyun Electric Equipment Co.Ltd(603861) Office of the board of directors Tel.: 020-86060164 Fax: 020-86608442 email: [email protected]. It is hereby announced.
Guangzhou Baiyun Electric Equipment Co.Ltd(603861) board of directors January 19, 2022
