Qingdao Gaoce(SH:688556) Zheng Quan Zhi Xing·2025-09-01 11:17Core Points - The company announced the redemption of its convertible bonds, "Gaoce Convertible Bonds," with a redemption price of 100.1742 CNY per bond, effective from September 9, 2025 [1][2] - The last trading day for the bonds is September 3, 2025, and the last conversion day is September 8, 2025 [1][2] - The redemption was triggered as the company's stock price met the condition of being at least 130% of the conversion price for 15 out of 30 trading days [1][2] Redemption Details - Redemption Registration Date: September 8, 2025 [1] - Redemption Price: 100.1742 CNY per bond, which includes accrued interest of approximately 0.1742 CNY [2] - Redemption Payment Date: September 9, 2025 [1][2] - The bonds will be delisted from the Shanghai Stock Exchange on September 9, 2025 [1][2] Conditions for Redemption - The company has the right to redeem the bonds if the stock price conditions are met, specifically if the closing price is at least 130% of the conversion price for 15 trading days [1][2] - The calculation for accrued interest is based on a 1.20% annual interest rate for the period from July 18, 2025, to September 9, 2025 [2] Investor Instructions - Investors are advised to convert or sell their bonds before the last trading day to avoid potential losses [1][2] - The bonds will be frozen after the redemption registration date, and any unconverted bonds will be redeemed at the specified price [2]