Feilu(SZ:300665) Zheng Quan Zhi Xing·2025-08-05 16:20Core Viewpoint - The company announces the conditional redemption of its convertible bonds ("飞鹿转债") due to the stock price exceeding 130% of the conversion price for 15 consecutive trading days, urging bondholders to convert their bonds before the redemption date to avoid potential losses [2][7]. Group 1: Convertible Bond Details - The company issued a total of 177 million yuan in convertible bonds on June 5, 2020, with a face value of 100 yuan per bond, totaling 1,770,000 bonds [2]. - The initial conversion price was set at 9.9 yuan per share, which has been adjusted multiple times due to various corporate actions [4][5]. - The current conversion price is 6.08 yuan per share, effective from August 6, 2025 [6]. Group 2: Redemption Conditions and Procedures - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days [7]. - The redemption price is set at 100.55 yuan per bond, which includes accrued interest [8]. - Bondholders must be registered with the China Securities Depository and Clearing Corporation by the redemption date of August 8, 2025, to receive the redemption payment [8]. Group 3: Investor Advisory - Bondholders are advised to convert their bonds before the redemption date to avoid being forced to redeem at a price lower than the market value [1][2]. - The company emphasizes the importance of monitoring the conversion deadline and the risks associated with not converting the bonds [1].