DAYUAN PUMP(SH:603757) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-02 23:39Core Viewpoint - Zhejiang Dayuan Pump Industry Co., Ltd. has announced the early redemption of its convertible bonds ("Dayuan Convertible Bonds") due to the stock price meeting the redemption conditions, with the last trading day set for September 11, 2025, and the bonds to be delisted from the Shanghai Stock Exchange on September 17, 2025 [2][4][14]. Redemption Details - The last trading day for the "Dayuan Convertible Bonds" is September 11, 2025, and the last conversion day is September 16, 2025 [2][3]. - The redemption price is set at 100.7836 CNY per bond, which includes accrued interest [4][8]. - The redemption will be executed on September 17, 2025, with the bonds being delisted from the Shanghai Stock Exchange on the same day [4][14]. Conditions for Redemption - The redemption conditions were triggered as the company's stock price was above 130% of the conversion price for 15 consecutive 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 at the set price, which may result in significant investment losses [4][16]. - The company will notify bondholders of the redemption details through official announcements [11]. Stock Trading Volatility - The company's stock experienced a cumulative price drop exceeding 20% over three consecutive trading days (August 29, September 1, and September 2, 2025), indicating abnormal trading volatility [20]. - The company confirmed that there are no undisclosed significant matters or changes in its operational status that could affect stock performance [21][22].