Chunqiu ET(SH:603890) Shang Hai Zheng Quan Bao·2025-10-20 19:16Core 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]. Group 1: Redemption Details - 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]. - The accrued interest is calculated based on a 3.0% annual coupon rate for 207 days, resulting in an interest of 1.701 CNY per bond [11]. Group 2: Conditions for Redemption - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price (10.50 CNY) for 15 trading days within a 30-day period [6][9]. - The redemption will apply to all "Chunqiu Convertible Bonds" registered as of the redemption registration date, November 6, 2025 [10]. Group 3: Investor Guidance - Investors are advised to either convert their bonds or sell them in the secondary market before the last trading day to avoid forced redemption [5][18]. - The company emphasizes the importance of understanding the relevant regulations regarding convertible bonds and the associated risks [6].