YOOZOO(SZ:002174) Shang Hai Zheng Quan Bao·2025-08-19 19:11Core Viewpoint - YooZoo Network Co., Ltd. has announced the early redemption of its convertible bonds, with significant dates and conditions outlined for investors [1][2][3]. Summary by Relevant Sections Important Dates - The last trading day for "YooZoo Convertible Bonds" is August 22, 2025, after which trading will cease [2]. - The last conversion day is August 27, 2025, allowing investors to convert bonds into shares until market close on that date [2]. - The bonds will be forcibly redeemed if not converted by the end of the conversion period [3]. Redemption Conditions - The redemption condition was met on August 6, 2025, as the company's stock price was above 130% of the conversion price for 15 out of 30 trading days [10]. - The redemption price is set at 101.8575 CNY per bond, including interest and tax [3][14][17]. Redemption Process - The bonds will stop trading on August 25, 2025, and the redemption registration date is August 27, 2025 [20]. - The redemption will occur on August 28, 2025, with funds reaching investors' accounts by September 4, 2025 [20]. Bond Issuance and Trading - The company issued 11,500,000 convertible bonds on September 23, 2019, with a total value of 115 million CNY [5]. - The bonds were listed for trading on October 21, 2019, under the code "128074" [5]. Conversion Details - The initial conversion price was set at 17.06 CNY per share, later adjusted to 10.10 CNY per share as of March 7, 2025 [6][9]. - The conversion period for these bonds is from March 27, 2020, to September 23, 2025 [6].