BYE(SH:603861) Zheng Quan Zhi Xing·2025-08-29 12:16Core Points - The company announced the redemption results of its convertible bonds, "Bai Electric Convertible Bonds," with a total redemption amount of 1,130,503.87 yuan, including interest [1][2] - The redemption was triggered as the stock price met the condition of being at least 130% of the conversion price for 15 consecutive trading days [1][2] - The redemption date is set for August 29, 2025, and the bonds will be delisted on the same day [1][2] Redemption Details - The total number of bonds redeemed is 1,113,000 yuan, equivalent to 11,130 bonds [1][2] - The redemption price per bond is calculated at 101.5726 yuan, which includes the principal and accrued interest [2][3] - The accrued interest is calculated based on a 2.00% annual interest rate over 287 days, resulting in 1.5726 yuan per bond [2][3] Impact on Company - The total redemption amount will not significantly impact the company's cash flow [4] - Following the redemption, the company's total share capital will increase, supporting sustainable development [4] - As of August 28, 2025, a total of 878,887,000 yuan of the convertible bonds have been converted into 113,083,478 shares, representing 25.0223% of the total shares before conversion [2][4] Shareholding Changes - Post-redemption, the shareholding structure shows a decrease in the percentage of shares held by major shareholders, with the largest shareholder group now holding 55.49% of the voting rights [4][5] - The shareholding of individual major shareholders has also decreased proportionally due to the conversion of bonds into shares [4][5]