Kinwong(SH:603228) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-24 22:53Core Points - The company has announced the redemption of its convertible bonds "Jing 23" due to the triggering of conditional redemption clauses based on stock price performance [6][9][19] - The last trading day for "Jing 23" convertible bonds is September 25, 2025, and the last conversion day is September 30, 2025 [2][3][17] - The redemption price is set at 100.515 CNY per bond, which includes accrued interest [11][12][16] Redemption Details - The redemption conditions were met as the stock price was above 130% of the conversion price for fifteen trading days [6][9] - The redemption registration date is September 30, 2025, and the redemption payment date is October 9, 2025 [10][16] - The company will not exercise the early redemption right if the conditions are triggered again within the specified period [5][6] Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [4][19] - The company will provide further announcements regarding the redemption process and its implications [15][20] - The bonds will be delisted from the Shanghai Stock Exchange after the redemption is completed [18]