SUNOREN(SH:603105) Zheng Quan Zhi Xing·2025-08-13 16:24Core Viewpoint - The company announces the second notice regarding the optional redemption of "Xineng Convertible Bonds" with specific details on the redemption price, period, and procedures [1][2][4]. Summary by Sections Redemption Terms and Price - The redemption price is set at 100.40 CNY per bond, including the current interest [1][3]. - The redemption period is from August 14, 2025, to August 20, 2025 [1][4]. - The payment date for the redemption funds is August 25, 2025 [1][4]. Redemption Rights - Holders of "Xineng Convertible Bonds" have the right to choose whether to redeem their bonds, as the redemption is not mandatory [1][2]. - The additional redemption clause is activated if there are significant changes in the implementation of the fundraising projects compared to the commitments made in the prospectus [2][3]. Interest Calculation - The interest for the current period is calculated based on the formula: IA = B × i × t / 365, where B is the total face value of the bonds held, i is the annual coupon rate, and t is the number of days from the last interest payment to the redemption date [3][4]. - For the second year (October 26, 2024, to October 25, 2025), the coupon rate is 0.5%, resulting in an interest of 0.40 CNY per bond for the redemption period [3][4]. Redemption Process - Bondholders must submit their redemption requests through the Shanghai Stock Exchange trading system during the specified redemption period [4]. - The redemption period is from August 14, 2025, to August 20, 2025, and the redemption price remains at 100.40 CNY per bond [4]. Trading During Redemption Period - "Xineng Convertible Bonds" will continue to trade during the redemption period but will stop converting into shares [4]. - If the total face value of the bonds in circulation falls below 30 million CNY due to redemptions, trading will continue until the end of the redemption period, after which an announcement will be made [4].