GDTC(SH:688186) Zheng Quan Zhi Xing·2025-08-21 16:35Core Points - The company has announced the redemption of its convertible bonds, "Guangda Convertible Bonds," with a redemption price of 100.8658 CNY per bond [1][6][10] - The redemption registration date is set for August 22, 2025, and the last trading day for the bonds will be August 19, 2025 [1][7] - The bonds will be delisted from the Shanghai Stock Exchange on August 25, 2025, following the completion of the redemption [1][8] Redemption Conditions - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for a specified period [2][5] - The conversion price is set at 20.80 CNY per share, and the stock price must meet certain criteria for the redemption to occur [2][5] - The bonds will be forcibly redeemed if not converted or sold by the specified dates, potentially leading to significant investment losses for holders [2][10] Financial Details - The accrued interest for the bonds is calculated to be approximately 0.8658 CNY per bond, leading to a total redemption price of 100.8658 CNY [6][9] - The interest rate for the bonds is 1.00%, and the calculation period for the interest is from October 13, 2024, to August 25, 2025 [6][9] Investor Instructions - Investors are advised to convert or sell their bonds before the last trading day to avoid forced redemption [2][10] - The company will notify bondholders of the redemption process and related matters before the redemption period ends [6][7]