Youon(SH:603776) Zheng Quan Zhi Xing·2025-07-18 09:16Core Viewpoint - The company has decided to exercise its early redemption rights for the "Yongan Convertible Bonds" due to the stock price meeting the necessary conditions for redemption [1][2]. Group 1: Early Redemption Announcement - The company held its fifth board meeting on July 14, 2025, where it approved the early redemption of the "Yongan Convertible Bonds" [1]. - The bonds will be redeemed at face value plus accrued interest for all registered bondholders as of the redemption registration date [1][2]. - The company will provide further announcements detailing the redemption procedures, pricing, and timing [1][2]. Group 2: Conditions for Redemption - From June 24, 2025, to July 14, 2025, the company's stock price closed at or above 130% of the current conversion price for 15 trading days, triggering the conditional redemption clause [2]. - The conversion price is set at 14.22 yuan per share, while the forced redemption price is 100 yuan per bond plus accrued interest [2][3]. Group 3: Investor Guidance - Bondholders are advised to either convert their bonds or sell them in the secondary market within the specified timeframe to avoid potential losses from forced redemption [2][3]. - Investors holding pledged or frozen bonds are recommended to resolve these issues in advance to prevent being unable to convert their bonds [3].