NKF(SH:603707) Zheng Quan Zhi Xing·2025-06-09 10:23Core Points - The company announced the option for bondholders to sell back the "Jianyou Convertible Bonds" at a price of 100.30 RMB per bond, including accrued interest and tax [1][4] - The sell-back period is set from June 17, 2025, to June 23, 2025, with funds to be disbursed on June 26, 2025 [1][4] - During the sell-back period, the "Jianyou Convertible Bonds" will stop being convertible into shares [1][4] Summary of Key Details Sell-Back Terms - The sell-back price is determined based on the face value plus accrued interest, calculated as approximately 0.30 RMB per bond for the period from April 23, 2025, to June 17, 2025 [3][4] - The bondholders have the right to sell back all or part of their unconverted bonds, but this action is not mandatory [4][5] Conditions for Sell-Back - The sell-back option is activated if the company's stock price remains below 70% of the current conversion price for any consecutive thirty trading days during the last two interest years of the bonds [2][3] - If bondholders do not exercise their sell-back rights during the specified period, they will lose the option for the current interest year [2][3] Trading and Suspension - The "Jianyou Convertible Bonds" will continue to trade during the sell-back period but will not be convertible into shares [4][5] - If the total face value of the bonds in circulation falls below 30 million RMB due to the sell-back, trading will continue until the end of the sell-back period, after which the company will issue a related announcement [5]