Chunqiu ET(SH:603890) Shang Hai Zheng Quan Bao·2025-10-13 19:31Core Points - The company, Suzhou Chunqiu Electronics Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Chunqiu Convertible Bonds," which will be delisted from the Shanghai Stock Exchange after November 7, 2025 [4][17]. Summary by Sections Redemption Announcement - The last trading day for "Chunqiu Convertible Bonds" is November 3, 2025, and the last conversion day is November 6, 2025 [2][3]. - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [11][19]. - The company has triggered the conditional redemption clause due to its stock price being above 130% of the conversion price for 15 trading days [6][9]. Redemption Conditions - The redemption applies to all "Chunqiu Convertible Bonds" held as of the redemption registration date, November 6, 2025 [10]. - The accrued interest is calculated based on a 3.0% annual coupon rate for 207 days, resulting in 1.701 CNY per bond [11]. Important Dates - Redemption registration date: November 6, 2025 [7]. - Redemption payment date: November 7, 2025 [16]. - Last trading day: November 3, 2025 [7]. Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [5][19]. - The company emphasizes the importance of understanding the convertible bond regulations and the potential risks involved [6].