江山欧派门业股份有限公司发布“江山转债”可选择回售的第二次提示公告
主要内容概述
江山欧派门业股份有限公司（以下简称“公司”）于2026年5月11日发布了关于“江山转债”可选择回售的第二次提示性公告。公告明确了可转债持有人行使回售权的时间、价格、流程以及相关风险提示。这一公告对于“江山转债”投资者和公司股东来说，具有重要的价格敏感性，可能会影响公司股价和可转债价格。
回售关键信息
- 回售价格：102.31元人民币/张（含当期应计利息、含税）
- 回售期：2026年5月14日至2026年5月20日
- 回售资金发放日：2026年5月25日
- 回售期内“江山欧派”可转债停止转股
- 回售不具有强制性，持有人可自主选择是否回售
- 重要风险提示：截至公告披露日，江山转债二级市场价格高于回售价格，选择回售可能导致投资者经济损失
对股东和投资者的重要影响
- 触发有条件回售条款：因公司股票自2026年3月20日至2026年5月6日连续30个交易日内收盘价低于转股价的70%，且“江山转债”已进入最后两个计息年度，触发了回售条件。此举将允许持有人以较低价格回售，有可能引发市场关注及价格波动。
- 回售申报流程：投资者须在2026年5月14日至5月20日，通过上交所交易系统以“卖出”方式申报回售，确认后不可撤销。
- 回售价格及计算方式：回售价格含第五年2.5%的票面利率和337天利息（2025年6月11日至2026年5月14日），共计102.31元/张。
- 回售期间交易安排：回售期间，转债可继续交易但暂停转股。同一交易日若同时发出卖出和回售指令，系统优先处理卖出指令。
- 债券流通面值说明：若回售后转债流通面值低于3,000万元，转债将在公告后三个交易日停止交易。
需特别关注的价格敏感事项
- 回售风险：目前“江山转债”二级市场价格高于回售价格，投资者如选择回售，可能蒙受经济损失。这一信息可能影响二级市场交易情绪和公司股价，投资者需重点关注回售期市场动态。
- 公司流动性及资本结构影响：若大规模回售发生，公司需动用现金回购债券，影响公司现金流，可能对后续经营及分红政策造成一定压力。
联系方式
投资者如有疑问，可联系公司董秘办，联系电话：0570-4729200。
结论
本次“江山转债”回售权的启动，既是公司资本结构和二级市场表现的反映，也是投资者决策的重要分水岭。建议投资者密切关注回售期内市场价格变动、公司公告及自身投资决策，谨慎操作。
免责声明：本文基于公司公告整理，仅供参考，不构成投资建议。投资有风险，入市需谨慎。
Jiangshan Oupai Door Industry Co., Ltd. Announces Second Notice on Optional Redemption of “Jiangshan Convertible Bond”
Key Summary
On May 11, 2026, Jiangshan Oupai Door Industry Co., Ltd. issued its second notice regarding the optional redemption (put option) of its A-share convertible bond, “Jiangshan Convertible Bond”. The notice details the redemption price, period, procedure, and associated risks. This announcement is price-sensitive and may impact both the company’s share and bond prices.
Redemption Details
- Redemption Price: RMB 102.31 per bond (including accrued interest and tax)
- Redemption Period: May 14, 2026 – May 20, 2026
- Redemption Payment Date: May 25, 2026
- Conversion Suspension: Convertible bonds cannot be converted to equity during the redemption period
- Redemption is Optional: Bondholders may choose whether or not to redeem
- Risk Warning: As of the announcement date, the bond trades above the redemption price in the secondary market; redeeming may lead to loss
Impact on Shareholders and Investors
- Conditional Put Triggered: The company’s shares closed below 70% of the conversion price for 30 consecutive trading days, and the bond entered its last two interest accrual years, triggering the put option. This may draw market attention and impact prices.
- Redemption Process: Investors must submit redemption instructions as a “sell” via the Shanghai Stock Exchange system during the period. Redemption requests cannot be withdrawn once confirmed.
- Redemption Price Calculation: The price includes the 2.5% coupon rate for year five and 337 days of accrued interest (from June 11, 2025, to May 14, 2026), totaling RMB 102.31 per bond.
- Trading During Redemption: The bond can trade but cannot be converted. If both a sell and redemption order are placed on the same day, the sell order takes precedence.
- Bond Float: If the outstanding bond value drops below RMB 30 million after the redemption, the bond will be delisted three trading days after notice.
Price-Sensitive Issues to Watch
- Redemption Risk: With the bond trading above the redemption price, investors redeeming now may incur a loss. This could impact market sentiment and both bond and equity prices.
- Liquidity and Capital Structure: Large-scale redemption would require the company to use cash for buyback, potentially affecting liquidity and future dividend policies.
Contact Information
For inquiries, contact the Board Secretary at 0570-4729200.
Conclusion
The activation of the put option for “Jiangshan Convertible Bond” is a key event for both the company’s capital structure and investors. Investors are advised to monitor market developments closely and make prudent decisions.
Disclaimer: This article is based on the company’s official announcement and is for reference only. It does not constitute investment advice. Investing involves risks; please proceed with caution.
