Announcement for due and repayment of the first issued unsecured convertible bonds.
1.Date of occurrence of the event: April. 3th,2019
2.Company name: Yeongguan energy technology Group Co.,Ltd
3.Relationship to the Company (please enter "head office" or
"subsidiaries"): head office.
4.Reciprocal shareholding ratios: N/A.
5.Cause of occurrence:
The first issued unsecured convertible bonds is due to June 3th, 2019.
6.Countermeasures:
Upon maturity, the Corporation will redeem the bonds by cash at face value plus interest accrued, which is 105.10% of face value, calculated based on around 1% annual rate of return.
7.Any other matters that need to be specified:
(1)The first issued unsecured convertible bonds is due to June 3th, 2019.
Upon maturity, the Corporation will redeem the bonds by cash at face value plus interest accrued, which is 105.10% of face value, calculated based on around 1% annual rate of return, and stop exchange on the next business day (June 4th,2019).
(2)Procedures:
Before April 18th, complete the process with your securities dealer.
(3)Procedures of repayment on mature:
In money transfer or check. Transfer or mail fee will be deducted. Tarnsfer or mail date: June 21th,2019.
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