盟升电子：提前赎回“盟升转债”

Core Viewpoint - The company, Alliance Electronics (688311.SH), has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, leading to a decision to redeem all outstanding bonds at face value plus accrued interest [1] Group 1: Stock Performance and Redemption Trigger - The company's stock price must remain above 130% of the current conversion price of the convertible bonds, which is set at 20.94 CNY, equating to 27.22 CNY per share, for at least 15 out of 30 consecutive trading days [1] - The redemption period is specified from January 19, 2026, to February 6, 2026, during which the stock price conditions were met [1] Group 2: Board Decision and Redemption Process - On February 6, 2026, the company's board of directors approved the proposal for early redemption of the convertible bonds [1] - Investors holding the convertible bonds can either continue trading them in the secondary market or convert them at the price of 20.94 CNY per share, or face mandatory redemption at 100 CNY per bond plus accrued interest [1] Group 3: Investment Risks - If investors are forced to redeem the bonds, they may incur significant investment losses [1]