Chunqiu ET(SH:603890) Shang Hai Zheng Quan Bao·2025-10-21 19:37Core Points - The company, Suzhou Chunqiu Electronics Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Chunqiu Convertible Bonds," due to the stock price meeting the conditions for conditional redemption [6][9][19] - The last trading day for the "Chunqiu Convertible Bonds" is November 3, 2025, and the last conversion day is November 6, 2025 [2][3][17] - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange on November 7, 2025 [4][17] Redemption Details - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [11][19] - The accrued interest is calculated based on a 3.0% annual interest rate for 207 days, resulting in an interest of 1.701 CNY per bond [11][19] - The redemption registration date is November 6, 2025, and the redemption payment date is November 7, 2025 [7][16] Trading and Conversion - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [5][19] - The current market price of the bonds as of October 21, 2025, is 122.246 CNY per bond, significantly higher than the redemption price, indicating potential investment losses if not acted upon [19] Regulatory Compliance - The company is acting in accordance with relevant regulations, including the "Measures for the Administration of Securities Issuance and Registration" and the "Management Measures for Convertible Bonds" [6][8]