The stock warrant of Xingang Vanadium - Zhigang Vanadium GFC1 (031002. SZ) will be listed on the Shenzhen Stock Exchange on December 12. With the approval of the CSRC, New Steel Vanadium has issued 3.2 billion yuan of separate convertible bonds, each with a face value of 100 yuan. The final subscriber of each new steel Vanadium separate convertible bond can obtain 25 separate warrants at the same time. The total number of warrants separated this time is 800 million. 1. Short name of warrant: Steel Vanadium GFC1 2. Transaction code: 031002 3. Type of warrant: warrant, namely the warrant issued by the issuer of the underlying securities 4. Underlying securities code: 000629 5. Abbreviation of underlying securities: Xingang Vanadium 6. Number of warrants: 800 million 7. Issuance method: the final subscriber of each convertible bond of NSV separation transaction can obtain 25 warrants separated at the same time 8. Exercise ratio: 1:1, that is, one warrant can subscribe for A shares of one underlying security 9. Exercise price: 3.95 yuan/share, and the adjustment of exercise price and exercise proportion shall be subject to Shenzhen Stock Exchange Implementation of relevant regulations 10. Settlement method: securities payment means settlement, that is, when the warrant holder exercises his rights, he shall pay the price calculated according to the exercise price and the exercise proportion, and obtain a corresponding number of A-shares of New Steel Vanadium without restrictions on sales 11. Listing date: December 12, 2006 12. Duration of warrants: 24 months from the listing date of warrants 13. Exercise period: (1) The warrant holder can choose to exercise on November 28-30, 2007, December 3-7, 2007 and December 10-11, 2007; (2) The warrant holder can also choose to exercise on November 28, 2008, December 1-5, 2008 and December 8-11, 2008 15. Listing place: Shenzhen Stock Exchange (hereinafter referred to as "SZSE") 16. Registration and clearing institution: Shenzhen Branch of China Securities Depository and Clearing Corporation Limited 17. Sponsor: First Venture Securities Co., Ltd
I think it should be up and down. Many people like to speculate on warrants~
