Core Viewpoint - Xuerong Biological announced a mandatory redemption of its convertible bonds at a price of 100.93 yuan per bond if they are not converted by October 14, 2025, highlighting a significant disparity between the market price and the redemption price, which may lead to substantial investment losses for bondholders [1] Summary by Relevant Sections - Company Announcement - Xuerong Biological has issued a notice regarding the mandatory redemption of its convertible bonds, referred to as "Xuerong Convertible Bonds" [1] - The redemption will occur if the bonds are not converted by the specified date, October 14, 2025 [1] - Market Implications - There is a notable difference between the current secondary market price of the bonds and the redemption price, which could result in large investment losses for holders if the bonds are forced to be redeemed [1] - The company has specifically warned bondholders to consider converting their bonds before the deadline to avoid potential losses [1]
雪榕生物:关于雪榕转债即将停止交易暨赎回实施的重要提示性公告