DFP(SH:601515) Zheng Quan Zhi Xing·2025-08-11 10:25Core Points - The company announces that the convertible bond "Dongfeng Convertible Bond" (code: 113030) is expected to trigger redemption conditions due to the stock price performance [1][3] - The conversion price is set at 3.10 CNY per share, and if the stock price remains above 130% of this price for at least 15 out of 30 trading days, the company may redeem the bonds [1][4] Dongfeng Convertible Bond Issuance Overview - The company issued the Dongfeng Convertible Bond with a total amount of 295.328 million CNY, approved by the China Securities Regulatory Commission in December 2019 [1] - The bond was listed on the Shanghai Stock Exchange on January 20, 2020 [1] Dongfeng Convertible Bond Conversion Price Situation - The initial conversion price was set at 6.90 CNY per share, with several adjustments made over time, the latest being 3.10 CNY per share effective from August 14, 2024 [2][3] Redemption Terms and Expected Trigger Situation - The company has the right to redeem the bonds if the stock price conditions are met, specifically if the stock price is above 130% of the conversion price for a specified period [3][4] - The expected trigger period for redemption is from July 7, 2025, to August 11, 2025, based on the stock price performance [4]