JINXD(SZ:300830) Zheng Quan Zhi Xing·2025-08-31 08:12Core Viewpoint - The company has decided to exercise its right to redeem the "Jinxian Convertible Bonds" early due to the stock price exceeding the specified threshold, aiming to reduce interest expenses and improve capital efficiency [2][5][6]. Group 1: Convertible Bond Redemption Details - The "Jinxian Convertible Bonds" will be redeemed at a price of 100.41 CNY per bond, which includes accrued interest [6][7]. - The redemption is triggered as the stock price has been above 130% of the conversion price for 15 trading days [2][5]. - The redemption process will conclude with the bonds being delisted from the Shenzhen Stock Exchange [7][9]. Group 2: Bondholder Information - Bondholders are advised to convert their bonds before the redemption date to avoid potential losses [1][2]. - The conversion price has been adjusted to 9.35 CNY per share as of the latest announcement [5][6]. - Bondholders with pledged or frozen bonds should resolve these issues before the conversion deadline [1][2]. Group 3: Financial Implications - The company aims to lower financial costs and improve the efficiency of fund utilization through this redemption [2][5]. - The total amount raised from the issuance of the convertible bonds was 202.51 million CNY [2][3].