TANSUN(SZ:300872) Zheng Quan Zhi Xing·2025-07-02 16:15Key Points - The company Tianyang Technology announced that its convertible bond "Tianyang Convertible Bond" will stop trading after the market closes on July 7, 2025, and will be forcibly redeemed at a price of 100.24 CNY per bond after July 10, 2025, if not converted into shares [1][2][3] - The bond has triggered the conditional redemption clause as the stock price met the requirement of being at least 130% of the conversion price (15.23 CNY) for at least 15 trading days within a 30-day period [2][12] - The initial conversion price of the bond was set at 14.92 CNY per share, which has been adjusted multiple times, with the latest adjustment bringing it to 11.71 CNY per share effective from May 27, 2025 [4][11] - The company issued a total of 975 million CNY in convertible bonds, with a face value of 100 CNY per bond, and the funds raised have been verified by an accounting firm [2][3] - The bond's interest rate is 0.80%, and the interest for the current period is calculated based on the number of days from the last interest payment to the redemption date [13]