Zhejiang Yonghe Refrigerant (SH:605020) Shang Hai Zheng Quan Bao·2025-10-10 19:42Group 1 - The company has triggered the conditional redemption clause for its convertible bonds due to the stock price exceeding 130% of the conversion price for 15 trading days [2][3] - The board of directors approved the early redemption of the convertible bonds at a price of 100.9973 yuan per bond, including accrued interest [5][11] - The total amount for the redemption is 951,394.29 yuan, which will not significantly impact the company's cash flow [11] Group 2 - As of October 9, 2025, a total of 799,058,000 yuan of convertible bonds have been converted into 40,473,050 shares, representing 10.6755% of the company's total shares before conversion [7][9] - The company's total share capital will increase to 510,762,476 shares after the redemption, which may dilute earnings per share in the short term but strengthen capital structure in the long term [11] - The redemption and conversion activities will lead to a total of 401,963 shares being registered from the stock option incentive plan [26][32]