BAIRUN CORPORATION(SZ:002568) Shang Hai Zheng Quan Bao·2025-11-19 18:23Core Points - The company announced a notice regarding the "Bairun Convertible Bonds" repurchase option for bondholders [1][2] - Bondholders have the right to sell back part or all of their unconverted "Bairun Convertible Bonds" at a specified price [2][7] Summary by Sections Repurchase Conditions - The repurchase option is triggered if the company's stock price remains below 70% of the conversion price for 30 consecutive trading days [3][4] - The repurchase price is set at 100.252 CNY per bond, including interest and tax [4][6] Important Dates - The repurchase condition trigger date is November 17, 2025 [4] - The repurchase application period is from November 19 to November 25, 2025 [4] - Funds will be credited to bondholders' accounts by December 2, 2025 [4][10] Repurchase Process - Bondholders must submit their repurchase applications through the Shenzhen Stock Exchange during the specified period [9][10] - The company will continue trading the bonds during the repurchase period but will suspend conversion [10] Interest Calculation - The interest for the repurchase is calculated based on the bond's face value, interest rate, and the number of days from the last interest payment [6][7] - The applicable interest rate for the current period is 1.80% [6] Tax Implications - Individual investors will have a net amount of 100.201 CNY per bond after tax deductions, while qualified foreign investors will receive the full amount of 100.252 CNY [7]