SDF(SH:605006) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-30 07:55Core Viewpoint - The company announces the right for holders of "Shanbo Convertible Bonds" to sell back part or all of their unconverted bonds during a specified period, with the option being non-mandatory for investors [1][7]. Group 1: Buyback Terms - Holders of "Shanbo Convertible Bonds" can sell back their bonds at a price of 100.30 RMB per bond, which includes accrued interest [4][11]. - The buyback period is set from January 8, 2026, to January 14, 2026, with funds to be disbursed on January 19, 2026 [4][12]. - The buyback conditions are triggered if the company's stock price remains below 70% of the bond's conversion price for 30 consecutive trading days [2][3]. Group 2: Interest Calculation - The interest for the buyback period is calculated based on a rate of 1.8% for the fifth year, resulting in approximately 0.30 RMB per bond for the 61 days leading up to the buyback [6][5]. - The formula for calculating accrued interest is provided, detailing the variables involved [5]. Group 3: Buyback Process - Bondholders must submit their buyback requests through the Shanghai Stock Exchange trading system during the specified buyback period [8][10]. - If a buyback request is not successful on the first day, bondholders can continue to submit requests on subsequent days within the buyback period [9]. Group 4: Trading During Buyback - "Shanbo Convertible Bonds" will continue to trade during the buyback period but will not allow conversion into shares [14]. - If the total face value of the bonds in circulation falls below 30 million RMB due to the buyback, trading will still continue until the end of the buyback period [14].