SDF(SH:605006) Shang Hai Zheng Quan Bao·2026-01-13 19:02Core Viewpoint - The announcement details the ninth notice regarding the optional redemption of the "Shanbo Convertible Bonds" by holders, highlighting the conditions and procedures for exercising this right [1][2]. Redemption Terms - Redemption Price: 100.30 RMB per bond (including current interest) [2][10] - Holders can choose to redeem part or all of their unconverted bonds, and this redemption is not mandatory [2][7]. - If holders do not exercise their redemption rights during the specified period, they will lose the right to redeem for the current interest year [2][4]. Conditions for Redemption - The redemption clause is activated if the company's stock price falls below 70% of the conversion price for any consecutive 30 trading days [2][3]. - The redemption period is set from January 8, 2026, to January 14, 2026, with funds to be disbursed on January 19, 2026 [3][11]. Interest Calculation - The current interest for the redemption is calculated based on a 1.8% annual interest rate for the period from November 8, 2025, to January 8, 2026, resulting in approximately 0.30 RMB per bond [6][5]. Redemption Process - Holders must submit their redemption requests through the Shanghai Stock Exchange trading system during the specified period, and once confirmed, these requests cannot be revoked [8][9]. - The bonds will continue to trade during the redemption period but will not be convertible [13]. Post-Redemption Trading - If the total face value of the bonds after redemption falls below 30 million RMB, the bonds will still continue to trade until the end of the redemption period [13].