KedaTechnology(SH:603660) Shang Hai Zheng Quan Bao·2025-09-26 19:39Core Viewpoint - The company announces the early redemption of its convertible bonds ("科达转债") and provides important dates and conditions for bondholders [1][4][6]. Redemption Details - The last trading day for "科达转债" is October 15, 2025, with only 7 trading days remaining as of September 26, 2025 [2][14]. - The last conversion date for the bonds is October 20, 2025, with 10 trading days left as of September 26, 2025 [3][14]. - The bonds will be delisted from the Shanghai Stock Exchange starting October 21, 2025, after the completion of the redemption [4][15]. Redemption Conditions - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price (6.38 CNY) for at least 15 trading days [5][7]. - The redemption price is set at 101.8575 CNY per bond, which includes the face value and accrued interest [8][10]. Accrued Interest Calculation - The accrued interest is calculated as 1.8575 CNY per bond based on a 3% annual interest rate over 226 days [9][10]. - The total redemption amount for each bond is 101.8575 CNY before tax, with the after-tax amount being 101.4860 CNY for individual investors [11]. Redemption Process - The redemption registration date is October 20, 2025, and the redemption payment date is October 21, 2025 [6][13]. - The company will notify bondholders of the redemption details through a prompt announcement before the redemption period ends [12]. Trading and Conversion - Bondholders are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [4][16]. - The current market price of "科达转债" is significantly higher than the redemption price, indicating potential losses for investors who do not act in time [17].