QILU BANK(SH:601665) Shang Hai Zheng Quan Bao·2025-08-04 19:37Core Points - The announcement details the redemption and delisting of "Qilu Convertible Bonds" (齐鲁转债) by Qilu Bank, with the last trading day set for August 8, 2025 [2][17] - The last conversion date for the bonds is August 13, 2025, after which the bonds will be delisted from the Shanghai Stock Exchange [3][18] - The redemption price is set at RMB 100.7068 per bond, which includes accrued interest [11][12] Redemption Details - The redemption will occur on August 14, 2025, with the redemption registration date being August 13, 2025 [7][16] - Investors can either convert their bonds at a price of RMB 5.00 per share or redeem them at the face value plus accrued interest [4][12] - The accrued interest is calculated based on a formula that considers the bond's face value, interest rate, and the number of days since the last interest payment [9][12] Conditions for Redemption - The conditional redemption clause was triggered as the stock price of Qilu Bank exceeded 130% of the conversion price for 15 trading days [6][10] - If the total amount of unconverted bonds is less than RMB 30 million, the company has the right to redeem all unconverted bonds at face value plus accrued interest [8][10] Investor Guidance - Investors are advised to act within the specified time frame to avoid forced redemption, which could lead to significant investment losses [5][21] - The last trading day and last conversion day are critical deadlines for bondholders to consider [17][20] - The company will provide further announcements regarding the redemption process and its implications [15][21]