Jiajiayue(SH:603708) Zheng Quan Zhi Xing·2025-06-05 09:37Core Viewpoint - The company announces the third notice regarding the optional redemption of its convertible bonds, "Jia Yue Convertible Bonds," allowing bondholders to sell back their bonds at a specified price during a designated period [1][2]. Summary by Sections Redemption Terms - Redemption Price: 100.00 RMB per bond (including current interest) [1][4] - Redemption Period: From June 5, 2025, to June 11, 2025 [1][4] - Payment Date for Redemption Funds: June 16, 2025 [1][4] - During the redemption period, the convertible bonds will stop being convertible into shares [1][4]. Bondholder Rights - Bondholders have the right to choose whether to redeem part or all of their unconverted convertible bonds, and this redemption is not mandatory [1][2][4]. - The redemption option is available if there are significant changes in the implementation of the investment projects funded by the bond issuance compared to the commitments made in the prospectus [2]. Interest Calculation - The current accrued interest is calculated using the formula: IA = B × i × t / 365, where: - IA: Current accrued interest - B: Total face value of the convertible bonds held - i: Annual coupon rate (2.00% for the sixth year) - t: Number of days from the last interest payment to the redemption date [3]. Redemption Process - Bondholders must submit their redemption requests through the Shanghai Stock Exchange trading system during the specified redemption period [4]. - If a redemption request is not successful on the first day, bondholders can continue to submit requests on subsequent days within the redemption period [4]. Trading During Redemption - The convertible bonds will continue to be traded during the redemption period but will not be convertible into shares [4]. - If the total face value of the convertible bonds in circulation falls below 30 million RMB due to redemptions, the bonds will still continue to trade until the end of the redemption period [4].