Lushan New Materials(SH:603051) Zheng Quan Ri Bao·2025-10-15 14:09Core Viewpoint - The announcement from Lushan New Materials indicates that investors holding "Lushan Convertible Bonds" can either convert their bonds at a price of 16.05 yuan per share or face mandatory redemption at a total of 100.6805 yuan per bond, which includes accrued interest. This situation may lead to significant investment losses for those who opt for redemption instead of conversion [2]. Summary by Category - Company Announcement - Lushan New Materials announced the terms for investors holding "Lushan Convertible Bonds," specifying the conversion price and the conditions for mandatory redemption [2]. - Investment Implications - Investors are faced with a choice: convert at 16.05 yuan per share or accept a forced redemption at 100.6805 yuan per bond, which could result in considerable financial losses if they choose the latter option [2].