Core Points - The company has announced the redemption of its convertible bonds, "YooZoo Convertible Bonds," due to the fulfillment of specific conditions [6][11] - The last trading day for the bonds is set for August 22, 2025, and the last conversion day is August 27, 2025 [2][3] - The redemption price is determined to be 101.8575 yuan per bond, including interest [4][13][16] Redemption Details - The company will redeem all outstanding "YooZoo Convertible Bonds" that have not been converted by the end of the trading day on August 27, 2025 [4][20] - The bonds will stop trading on August 25, 2025, and the redemption will occur on August 28, 2025 [5][18] - The funds from the redemption will be credited to bondholders' accounts by September 4, 2025 [18] Conversion and Pricing - The initial conversion price was set at 17.06 yuan per share, later adjusted to 10.10 yuan per share as of March 7, 2025 [8][10] - The bonds have been trading at prices that triggered the redemption clause, with at least 15 trading days where the closing price was above 13.13 yuan [11][12] - The company issued a total of 11.5 million bonds, with a total issuance amount of 115 million yuan [7][6] Investor Guidance - Bondholders are advised to convert their bonds before the deadline to avoid forced redemption [4][20] - The company will provide daily announcements regarding the redemption process leading up to the redemption date [18]
游族网络股份有限公司关于提前赎回“游族转债”实施暨即将停止交易的重要提示性公告