BYE(SH:603861) Shang Hai Zheng Quan Bao·2025-08-13 18:28Core Viewpoint - The company announces the early redemption of its convertible bond "Bai Dian Convertible Bond," which will be delisted from the Shanghai Stock Exchange after the redemption process is completed [1][3][8]. Redemption Details - The last trading day for the "Bai Dian Convertible Bond" is set for August 25, 2025, with the last conversion day on August 28, 2025 [2][5]. - The redemption price is established at 101.5726 CNY per bond, which includes the face value and accrued interest [10][12]. - The redemption registration date is August 28, 2025, and the funds will be distributed on August 29, 2025 [5][14]. Conditions for Redemption - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price for 15 trading days [4][8]. - The company has the right to redeem all or part of the unconverted bonds if the balance is less than 30 million CNY or if the stock price condition is met [6][8]. Investor Guidance - Investors are advised to convert or sell their bonds within the specified timeframe to avoid forced redemption [4][15]. - The company emphasizes the importance of acting before the last trading day to mitigate potential losses, as the market price significantly exceeds the redemption price [16].