Core Viewpoint - The company, Shanghai Xuerong Biotechnology Co., Ltd., has announced the early redemption of its convertible bonds, "Xuerong Convertible Bonds," due to the triggering of conditional redemption clauses based on stock price performance [1][2]. Group 1: Convertible Bond Redemption Announcement - The company will redeem "Xuerong Convertible Bonds" at a price of 100.93 CNY per bond, and after the redemption, the bonds will be delisted from the Shenzhen Stock Exchange [1][2]. - Bondholders are advised to convert their bonds into shares before the redemption deadline to avoid potential losses due to forced redemption [1][2]. - The redemption was approved by the company's board on September 3, 2025, after the stock price met the required conditions [2][3]. Group 2: Convertible Bond Issuance and Terms - The company issued 5,850,000 convertible bonds on June 24, 2020, with a total fundraising amount of 585 million CNY [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on July 24, 2020, under the code "123056" [3]. - The conversion period for the bonds is from January 4, 2021, to June 23, 2026 [3]. Group 3: Conditional Redemption Clauses - The conditional redemption clause allows the company to redeem the bonds if the stock price exceeds 120% of the conversion price for at least 15 trading days within a 30-day period [6][7]. - The redemption conditions were met between August 14, 2025, and September 3, 2025, triggering the redemption process [7][8]. Group 4: Redemption Price Calculation - The redemption price of 100.93 CNY per bond includes the principal and accrued interest calculated based on a 3% annual interest rate for 113 days [8][9]. - The accrued interest for each bond is calculated to be 0.93 CNY, leading to the total redemption price [8][9]. Group 5: Redemption Process and Timeline - The redemption will be executed on October 15, 2025, with funds transferred to bondholders' accounts by October 22, 2025 [9][10]. - The company will notify bondholders of the redemption details and the delisting of the bonds [9].

Group 1 - The company's stock (300486) experienced a cumulative deviation of 31.41% over three consecutive trading days, indicating abnormal trading conditions [1] - The company issued 5.7 million convertible bonds (code: 123162) with a total fundraising amount of 570 million RMB, which began trading on November 4, 2022 [1][2] - The current conversion price for the convertible bonds is set at 8.05 RMB per share, with the conversion period running from April 20, 2023, to October 13, 2028 [2] Group 2 - The company conducted a comprehensive self-examination regarding the abnormal fluctuations in stock and convertible bonds, confirming that there have been no significant changes in its main business operations, market environment, or production costs [2] - The company signed a fund share transfer agreement to transfer 99% of its fund shares in Zibo Zhanzheng to Hainan Heping Investment Co., Ltd. for a transaction price of 1.62 billion RMB, with the actual controller changing to Han Yongguang [3] - The company’s stock price has remained above 130% of the convertible bond's conversion price for 15 trading days from July 30, 2025, to August 19, 2025 [4] Group 3 - The company’s board of directors approved a proposal for the early redemption of the convertible bonds to reduce interest expenses and improve capital efficiency [5]

Group 1 - The company announced the early redemption of "Xizi Convertible Bonds" due to the stock price triggering conditional redemption clauses [1] - The redemption price is set at 101.12 CNY per bond (including interest and tax) [1] - The redemption registration date is September 19, 2025, with the redemption date on September 22, 2025, and trading suspension on September 17, 2025 [1] Group 2 - Bonds that have not been converted by the close of September 19, 2025, will be forcibly redeemed [1] - After the redemption is completed, the bonds will be delisted from the Shenzhen Stock Exchange [1] - The company warns investors that the redemption price may differ significantly from the market price, and failure to convert in time may lead to losses [1]

证券代码：300725 证券简称：药石科技 公告编号：2025-077 债券代码：123145 债券简称：药石转债 南京药石科技股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 年利率为 1.5%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有 限责任公司深圳分公司（以下简称"中国结算"）核准的价格为准。 所"）摘牌。债券持有人持有的"药石转债"如存在被质押或被冻结的，建议在 停止转股日前解除质押或冻结，以免出现因无法转股而被赎回的情形。 适当性管理要求的，不能将所持"药石转债"转换为股票，特提请投资者关注不 能转股的风险。 经中国证券监督管理委员会《关于同意南京药石科技股份有限公司向不特 定对象发行可转换公司债券注册的批复》（证监许可[2022]622 号）同意，公司 于 2022 年 4 月 20 日向不特定对象发行可转换公司债券 1150 万张，发行价格为 每张面值 100 元人民币，按面值发行，募集资金共计人民币 1,150,000,000.00 元。 （二）可转债上市情况 经深圳证券交易所同意，公司本次可转换公司债券于 ...

Core Viewpoint - Dongjie Intelligent Technology Group Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price exceeding 130% of the conversion price for a specified period, leading to a decision to redeem the bonds early to reduce interest expenses and improve capital efficiency [2][6]. Group 1: Convertible Bond Redemption - The redemption price for "Dongjie Convertible Bonds" is set at 100.95 CNY per bond, including accrued interest, with a current annual interest rate of 1% [1][7]. - The conditional redemption clause was triggered as the company's stock price was above 10.465 CNY (130% of the conversion price of 8.05 CNY) for 15 out of 30 trading days from July 30, 2025, to August 19, 2025 [2][6]. - The company’s board approved the early redemption of the bonds on August 19, 2025, to lower financial costs and enhance capital utilization [2][3]. Group 2: Bond Issuance and Terms - The company issued 5.7 million convertible bonds at a face value of 100 CNY each, raising a total of 570 million CNY, with the bonds listed on the Shenzhen Stock Exchange on November 4, 2022 [3][4]. - The conversion period for the bonds is from April 20, 2023, to October 13, 2028 [3][4]. - The conversion price was adjusted from 8.06 CNY to 8.05 CNY per share effective July 14, 2023, due to profit distribution [5]. Group 3: Redemption Process - The redemption will be executed for all bondholders registered with the China Securities Depository and Clearing Corporation by the close of trading on September 25, 2025 [7]. - The redemption funds will be transferred to bondholders' accounts on October 13, 2025, following the completion of the redemption process [7][8]. - The company will publish the redemption results and the delisting announcement for the bonds after the redemption is completed [8].

Group 1 - The core point of the article is the early redemption of the "Xizi Convertible Bonds" by Xizi Clean Energy Equipment Manufacturing Co., Ltd. The company has met the conditions for redemption as stipulated in the bond issuance documents [1][8] - The company issued 11.10 billion RMB worth of convertible bonds on December 24, 2021, with a maturity of six years [1][2] - The bond was listed on the Shenzhen Stock Exchange on January 24, 2022, under the name "Xizi Convertible Bonds" with the code "127052" [2] Group 2 - The conversion period for the "Xizi Convertible Bonds" is from June 30, 2022, to December 23, 2027 [2] - The conversion price has been adjusted multiple times, with the latest adjustment setting it at 11.00 RMB per share effective from a specified date in 2025 [3][4] - The company has established conditional redemption terms, which include scenarios where the stock price exceeds 130% of the conversion price for a specified number of trading days [4][5] Group 3 - The company has decided to exercise its right to redeem the bonds early, as the stock price conditions were met between July 23, 2025, and August 28, 2025 [5][6] - The redemption price is set at 101.12 RMB per bond, which includes accrued interest calculated based on the bond's face value and interest rate [6][7] - The redemption process will involve all registered bondholders as of the redemption registration date, with the redemption funds transferred to their accounts on a specified date [6][7] Group 4 - The company has confirmed that its actual controllers and major shareholders did not trade the bonds in the six months leading up to the redemption condition being met [7][8] - Bondholders wishing to convert their bonds must do so through their respective securities companies, and any fractional bonds will be settled in cash [8]

Core Viewpoint - The company, Honghui Fruits and Vegetables Co., Ltd., has triggered the conditional redemption clause of its convertible bonds due to the stock price exceeding 130% of the conversion price for 15 trading days, leading to a decision to redeem the bonds early [1][4]. Group 1: Convertible Bond Issuance and Terms - The company issued 3.32 million convertible bonds with a total amount of 332 million yuan, with a maturity of 6 years and a tiered interest rate starting from 0.4% in the first year to 3.0% in the sixth year [2]. - The initial conversion price was set at 14.61 yuan per share, with the latest adjusted conversion price being 5.85 yuan per share [2][3]. Group 2: Redemption Conditions and Decision - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days [4]. - The company’s board approved the early redemption of the convertible bonds at face value plus accrued interest, with the redemption process to be managed by the company's management [1][4]. Group 3: Compliance and Oversight - The underwriting institution, Shenwan Hongyuan Securities, confirmed that the redemption process complies with relevant regulations and the company's prospectus [5].

Core Viewpoint - Nanjing PharmaBlock Technology Co., Ltd. has announced the early redemption of its convertible bonds ("PharmaBlock Convertible Bonds") due to the triggering of conditional redemption clauses, aimed at reducing financial costs and capital expenses [2][7]. Group 1: Convertible Bond Issuance and Redemption - The company issued 11.5 million convertible bonds at a face value of 100 RMB each, raising a total of 1.15 billion RMB on April 20, 2022 [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on May 18, 2022, under the code "123145" [3]. - The conversion period for the bonds is from October 26, 2022, to April 19, 2028 [3]. - The conditional redemption clause was triggered when the stock price exceeded 130% of the conversion price for at least 15 trading days [6][7]. Group 2: Redemption Details - The redemption price is set at 100.62 RMB per bond, which includes accrued interest calculated based on a 1.5% annual interest rate [8]. - The redemption will occur on September 18, 2025, with trading of the bonds ceasing on September 15, 2025 [9]. - The company will notify bondholders daily leading up to the redemption date and will publish the redemption results within seven trading days after the redemption [9]. Group 3: Conversion Price Adjustments - The conversion price has been adjusted multiple times, with the latest adjustment setting it at 33.61 RMB per share as of May 30, 2025 [5][6]. - The conversion price adjustments are based on the company's stock performance and dividend distributions [4][5].

Group 1 - The company announced the early redemption of "Qizheng Convertible Bonds" and the upcoming cessation of trading [1] - The last trading day for the bonds is set for August 28, 2025, and the last conversion day is September 2, 2025 [1] - The redemption price is 101.701 yuan per bond, including accrued interest, with the redemption date on September 3, 2025 [1] Group 2 - The board of directors decided to exercise the early redemption rights due to the company's stock price triggering conditional redemption clauses [1] - Investors are reminded to pay attention to the conversion deadline to avoid potential losses, especially those with pledged or frozen shares [1]

Summary of Key Points Core Viewpoint - Zhejiang Hailiang Co., Ltd. has decided to exercise the early redemption of its convertible bonds, "Hailiang Convertible Bonds," based on the conditions outlined in the bond issuance documents and relevant regulations [1][7]. Group 1: Convertible Bond Basic Information - The company issued 31.50 billion yuan worth of convertible bonds on November 21, 2019, with a maturity of six years [1]. - The initial conversion price was set at 9.83 yuan per share, which has been adjusted multiple times, currently standing at 9.54 yuan per share as of July 5, 2023 [2]. Group 2: Conditions for Early Redemption - The early redemption condition was triggered as the stock price closed at or above 130% of the current conversion price (11.96 yuan per share) for 15 trading days [3]. - The board of directors has approved the early redemption of all unconverted bonds at a price of 101.710 yuan per bond, which includes accrued interest [4]. Group 3: Redemption Process - The redemption date is set for September 29, 2025, with the redemption price calculated based on the bond's face value plus accrued interest [5]. - All bondholders registered with the China Securities Depository and Clearing Corporation will be eligible for redemption [5]. Group 4: Compliance and Approval - The board of directors held a meeting on August 25, 2025, to approve the early redemption, ensuring compliance with relevant laws and regulations [7]. - The sponsoring institution has confirmed that the redemption process adheres to the necessary legal frameworks and the terms outlined in the bond issuance documents [7].