300613SZSE

Announcement on the Suspension of Conversion for Fuhang Convertible Bonds During the Equity Distribution Period

✨ AI Summary

This announcement informs that the conversion of Fuhang Convertible Bonds will be suspended from May 25, 2026, until the equity registration date for the 2025 profit distribution. The bonds, issued on August 6, 2021, have a total value of 581.19 million yuan. Conversion will resume on the first trading day after the equity registration date.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Announcement on the Suspension of Conversion for Fuhang Convertible Bonds During the Equity Distribution Period

The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. Bond Code: 123122
  2. Bond Abbreviation: Fuhang Convertible Bonds
  3. Conversion Period: February 14, 2022, to August 5, 2027
  4. Suspension of Conversion Date: May 25, 2026, until the equity registration date for the 2025 profit distribution
  5. Expected Resumption of Conversion Date: The first trading day after the equity registration date for the 2025 profit distribution

Basic Information about the Bonds and Reasons for Suspension of Conversion

With the approval of the China Securities Regulatory Commission (CSRC) under document "Zheng Jian Xu Ke [2021] No. 2259," Shanghai Fuhang Microelectronics Co., Ltd. (hereinafter referred to as "the Company") issued 5.8119 million convertible corporate bonds at a par value of 100 yuan each on August 6, 2021, with a total issuance amount of 581.19 million yuan. With the approval of the Shenzhen Stock Exchange, the bonds were listed for trading on August 24, 2021, under the abbreviation "Fuhang Convertible Bonds" and bond code "123122." The conversion period for "Fuhang Convertible Bonds" is from February 14, 2022, to August 5, 2027.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.