DAYUAN PUMP(SH:603757) Shang Hai Zheng Quan Bao·2025-09-01 20:47Core Viewpoint - Zhejiang Dayuan Pump Industry Co., Ltd. has announced the early redemption and delisting of its convertible bonds, "Dayuan Convertible Bonds," due to the fulfillment of redemption conditions triggered by the stock price performance [1][5][6]. Redemption Details - The last trading day for "Dayuan Convertible Bonds" is September 11, 2025, and the last conversion day is September 16, 2025 [2][3][11]. - The redemption price is set at 100.7836 CNY per bond, which includes accrued interest [4][7]. - The redemption will be executed on September 17, 2025, and the bonds will be delisted from the Shanghai Stock Exchange on the same day [4][12]. Conditions for Redemption - The redemption conditions were met as the company's stock price was above 130% of the conversion price for 15 out of 15 trading days from August 4 to August 22, 2025 [5][6]. - The total amount of unconverted bonds must be less than 30 million CNY for redemption to occur [6]. Investor Guidance - Investors are advised to convert or sell their bonds within the specified timeframe to avoid forced redemption, which could lead to significant investment losses [4][14]. - The accrued interest calculation formula is provided, indicating that the interest for the period from the last payment date to the redemption date is 0.7836 CNY per bond [7][8]. Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.6269 CNY per bond after tax [8][9]. - Non-resident enterprises are exempt from corporate income tax on interest income from these bonds until December 31, 2025 [9]. Contact Information - For further inquiries, investors can contact the company's securities department at 0576-86441299 [15].