JTGROUP(SH:601609) Zheng Quan Zhi Xing·2025-07-25 16:14Group 1 - The company issued convertible bonds totaling 1.45 billion yuan, with a maturity of 6 years and a tiered interest rate starting from 0.20% in the first year to 2.00% in the sixth year [1][2] - The convertible bonds, named "Jin Tong Convertible Bonds," began trading on the Shanghai Stock Exchange on August 28, 2023 [2] - The initial conversion price for the bonds was set at 6.75 yuan per share, which was later adjusted to 6.63 yuan due to the company's annual equity distribution [2][3] Group 2 - The conversion price was further adjusted down to 5.90 yuan per share following a board resolution and shareholder meeting, effective from August 28, 2024 [3] - The current conversion price stands at 5.79 yuan per share after another adjustment due to the 2024 annual equity distribution, effective from June 13, 2025 [4] Group 3 - The redemption clause for the convertible bonds allows the company to redeem them if the stock price exceeds 130% of the conversion price for a specified number of trading days [5] - The company anticipates that the redemption clause may be triggered if the stock price remains above 7.53 yuan per share for a certain period [5]