CFT(SH:603685) Zheng Quan Ri Bao·2025-11-13 13:42Core Viewpoint - On November 13, Chenfeng Technology announced that investors holding convertible bonds can either continue trading in the secondary market within the specified time or convert at a price of 12.77 yuan per share. If not, they will face forced redemption at a price of 100 yuan per bond plus accrued interest of 0.6164 yuan per bond, totaling 100.6164 yuan per bond, which may lead to significant investment losses [2] Summary by Category - Convertible Bonds: Investors can trade convertible bonds in the secondary market or convert them at 12.77 yuan per share [2] - Forced Redemption: If investors do not take action, they will be forced to redeem the bonds at 100.6164 yuan per bond, which includes accrued interest [2] - Investment Risk: The potential for significant investment losses exists if bonds are forced to be redeemed [2]