JINXD(SZ:300830) Zheng Quan Zhi Xing·2025-09-07 08:17Core 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: Bond Redemption Announcement - The company will redeem the "Jinxian Convertible Bonds" at a price of 100.41 CNY per bond, which includes accrued interest [1][7]. - The redemption will occur on September 24, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange following the redemption [1][9]. - Bondholders are advised to convert their bonds into shares before the redemption date to avoid potential losses [1][2]. Group 2: Conditions for Redemption - The redemption was triggered as the stock price closed above 130% of the conversion price (12.16 CNY) for 15 trading days from August 4 to August 22, 2025 [2][6]. - The initial conversion price was set at 9.39 CNY per share, which has been adjusted to 9.35 CNY due to dividend distributions [3][5]. Group 3: Bondholder Information - Bondholders must ensure that any pledged or frozen bonds are released before the conversion deadline to avoid being forced into redemption [1][2]. - The company will not withhold taxes on interest income for bondholders, and the net redemption price will be determined by the China Securities Depository and Clearing Corporation [1][7].