BYE(SH:603861) Shang Hai Zheng Quan Bao·2025-08-21 20:17Core Points - The company has announced the early redemption of the "Bai Dian Convertible Bonds" due to the stock price meeting the conditions for redemption [4][7] - The last trading day for the bonds is set for August 25, 2025, and the last conversion day is August 28, 2025 [2][14] - The redemption price is set at 101.5726 yuan per bond, which includes accrued interest [9][10] Redemption Details - The bonds will be redeemed at a price of 101.5726 yuan per bond, which consists of the face value of 100 yuan plus accrued interest of 1.5726 yuan [9][10] - The redemption registration date is August 28, 2025, and the funds will be distributed on August 29, 2025 [5][13] - The company will notify bondholders of the redemption details through a prompt announcement before the redemption period ends [12] Conditions for Redemption - The redemption was triggered as the company's stock price was above 130% of the conversion price for 15 trading days [4][7] - The company has the right to redeem the bonds if the remaining balance of unconverted bonds is less than 30 million yuan [6] Important Dates - Last trading day: August 25, 2025 [5][14] - Last conversion day: August 28, 2025 [2][14] - Redemption registration date: August 28, 2025 [5][8] - Redemption funds distribution date: August 29, 2025 [5][13] Additional Information - The bonds will be delisted from the Shanghai Stock Exchange starting August 29, 2025 [15] - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [3][17]