Core Viewpoint - The company announces the eighth notice regarding the optional redemption of its convertible bonds, "东时转债," allowing bondholders to sell back their bonds at a specified price [2][4]. Group 1: Redemption Terms - Redemption Price: 101.84 RMB per bond (including current interest) [2][9]. - Bondholders can choose to redeem part or all of their unconverted convertible bonds, and this redemption is not mandatory [2][5]. - The redemption period is set from January 26, 2026, to January 30, 2026 [4][8]. Group 2: Interest Calculation - The current interest calculation formula is provided, where the interest amount (IA) is based on the bond's face value (B), the annual coupon rate (i), and the number of days (t) since the last interest payment [3]. - For the sixth year, the coupon rate is 2.30%, and the interest for the period from April 9, 2025, to January 26, 2026, is approximately 1.84 RMB per bond, leading to the total redemption price of 101.84 RMB [5]. Group 3: Redemption Process - Bondholders must submit their redemption requests through the Shanghai Stock Exchange trading system during the specified redemption period [6]. - If a submission fails on the first day, bondholders can continue to submit requests on subsequent days within the redemption period [7]. Group 4: Trading During Redemption - "东时转债" will continue to trade during the redemption period but will stop converting into shares [12]. - If the total face value of the convertible bonds in circulation falls below 30 million RMB due to redemptions, trading will continue until the end of the redemption period, after which the company will announce the results [12].
东方时尚驾驶学校股份有限公司关于“东时转债”可选择回售的第八次提示性公告