DFSS(SH:603377) Shang Hai Zheng Quan Bao·2026-01-26 20:37Core Viewpoint - The company announces the sixth notice regarding the optional redemption of its convertible bonds, allowing bondholders to sell their bonds back to the company at a specified price, with the redemption period set for late January 2026 [1][2]. Group 1: Redemption Terms - Redemption Price: The redemption price is set at 101.84 RMB per bond, including the current interest [1][9]. - Redemption Rights: Bondholders have the right to redeem part or all of their unconverted convertible bonds, and this redemption is not mandatory [1][5]. - Redemption Period: The redemption period is from January 26, 2026, to January 30, 2026 [4][8]. Group 2: Interest Calculation - Interest Calculation: The current interest is calculated using the formula IA = B × i × t / 365, where IA is the current interest, B is the total face value of the bonds, i is the annual coupon rate, and t is the number of days from the last interest payment to the redemption date [3]. - Interest Amount: For the sixth year, with a coupon rate of 2.30% and a calculation period of 292 days, the interest amounts to approximately 1.84 RMB per bond, leading to the total redemption price of 101.84 RMB [5]. Group 3: Redemption Process - Redemption Application Procedure: Bondholders must submit their redemption requests through the Shanghai Stock Exchange trading system during the redemption period, and once confirmed, the requests cannot be revoked [6]. - Payment Method: The company will repurchase the bonds at the specified price, with the payment date set for February 4, 2026 [10]. Group 4: Trading During Redemption Period - Trading Continuation: The convertible bonds will continue to trade during the redemption period but will stop converting into shares [12]. - Priority of Orders: If bondholders submit both sell and redemption orders on the same trading day, the system will prioritize the sell order [12].