DAYUAN PUMP(SH:603757) Shang Hai Zheng Quan Bao·2025-09-03 22:48Core 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 [1][3][17]. Redemption Details - The last trading day for "Dayuan Convertible Bonds" is September 11, 2025, and the last conversion day is September 16, 2025 [2][5][16]. - The redemption price is set at 100.7836 yuan per bond, which includes the face value and accrued interest [9][11]. - The redemption will be executed on September 17, 2025, with the redemption amount being distributed to registered bondholders [15][17]. Conditions for Redemption - The redemption conditions were met as the company's stock price was above 130% of the conversion price for 15 consecutive trading days [4][7]. - The company has the right to redeem all or part of the unconverted bonds if the total amount of unconverted bonds is less than 30 million yuan [4][7]. Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [3][19]. - The accrued interest for the bonds is calculated based on the formula provided, resulting in an interest of 0.7836 yuan per bond [10][11]. Tax Implications - Individual investors are subject to a 20% tax on the interest income from the bonds, affecting the net redemption amount [12][13].