Core Viewpoint - The imminent redemption and trading cessation of Montai Convertible Bonds and New 23 Convertible Bonds pose significant risks for investors who fail to act promptly, potentially leading to substantial losses exceeding 29% and 23% respectively [1][9]. Group 1: Trading and Redemption Dates - October 24 is the last trading day for Montai Convertible Bonds and New 23 Convertible Bonds [2][5]. - October 29 is the final conversion day for these bonds, after which unconverted bonds will be frozen and cease trading [5][7]. Group 2: Current Bond Prices and Potential Losses - As of October 23, the closing prices for Montai Convertible Bonds and New 23 Convertible Bonds were 144.000 CNY and 131.254 CNY respectively [9]. - Investors who do not act in time may incur losses exceeding 29% for Montai Convertible Bonds and 23% for New 23 Convertible Bonds, based on their respective strong redemption prices [1][9]. Group 3: Conversion and Redemption Mechanism - Investors can convert Montai Convertible Bonds at a price of 23.47 CNY per share and New 23 Convertible Bonds at 50.75 CNY per share from October 24 to 29 [7][9]. - After October 29, unconverted bonds will be forcibly redeemed at a price of 101.19 CNY and 100.2192 CNY per bond, respectively, which includes accrued interest [7][9]. Group 4: Investor Actions and Risks - Investors are advised to either sell their convertible bonds or convert them into shares before the deadlines to avoid losses [11][12]. - The new regulations require a "Z" designation on the last trading day to alert investors of the risks associated with the bonds [12].

Core Points - The announcement from the company indicates that there is only half a trading day left until the "Sanyang Convertible Bond" stops conversion and is redeemed [1] - After the market closes on October 16, 2025, any unconverted "Sanyang Convertible Bonds" will cease to be convertible, and the remaining bonds will be forcibly redeemed at a price of 100.49 yuan per bond [1] - Investors may face potential losses if the bonds are forcibly redeemed [1]

Core Viewpoint - The company announced that the "San Yang Convertible Bonds" will be forcibly redeemed if not converted by the close of trading on October 16, 2025, leading to their delisting from the Shenzhen Stock Exchange [1]. Group 1 - The company has set a deadline for bondholders to convert their "San Yang Convertible Bonds" before the forced redemption [1]. - Bondholders are advised to resolve any pledges or freezes on their "San Yang Convertible Bonds" before the conversion deadline to avoid being redeemed without conversion [1].

Core Viewpoint - The article provides an overview of recent developments in the convertible bond market, including new issuances and important announcements regarding existing bonds [1][6]. Group 1: New Issuances - Jinlang will be available for subscription on October 17 [1]. - Super Electronics and Taikai Ying are also highlighted as new stock subscriptions on the Shanghai and Shenzhen exchanges and the Beijing Stock Exchange, respectively [1]. Group 2: Important Announcements - The announcement regarding the adjustment of Zhengchuan Convertible Bond was made on October 15, 2025 [1]. Group 3: Convertible Bond Data - A detailed table lists various convertible bonds, including their current prices, redemption prices, last trading dates, last conversion dates, conversion values, remaining scales, and the proportion of convertible bonds to the underlying stocks [3][5]. - For example, the current price of Jiuzhou Convertible Bond 2 is 123.799, with a strong redemption price of 102.040, and a conversion value of 125.18 [3]. - The remaining scale of Changji Convertible Bond is 4.964 billion, with a conversion value of 126.41 [3].

Core Points - The company "San Yang Ma" announced that the "San Yang Convertible Bonds" will be forcibly redeemed if not converted by the close of trading on October 16, 2025 [2] - Following the redemption, the "San Yang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [2] - Bondholders are advised to convert their bonds before the deadline, especially if their bonds are pledged or frozen, to avoid being forced to redeem them [2]

Core Viewpoint - The announcement from the company indicates that the "Sanyang Convertible Bond" will cease trading after October 13, with the last conversion day on October 16, 2023 [2] Group 1 - The "Sanyang Convertible Bond" is set to stop trading after the afternoon session on October 13, 2023, with its name changed to "Z Yang Convertible Bond" on the same day [2] - October 16, 2023, is the final conversion day for the "Sanyang Convertible Bond," allowing investors to convert their bonds before the market closes [2] - After the market closes on October 16, any unconverted "Sanyang Convertible Bond" will no longer be eligible for conversion [2]

Group 1 - The "Sanyang Convertible Bond" will stop trading after the afternoon session on October 13, with its name changed to "Z Yang Convertible Bond" on the same day [1] - The last conversion day for the "Sanyang Convertible Bond" is October 16, where investors can still convert their bonds before the market closes [1] - After the market closes on October 16, any unconverted "Sanyang Convertible Bonds" will cease to be convertible [1] Group 2 - The controlling shareholder of *ST Tianyu, Wuhan Tongyu, is facing severe financial difficulties, with assets insufficient to cover all due debts and a clear lack of repayment capability [1] - Wuhan Tongyu has applied for bankruptcy liquidation with the Wuhan Intermediate People's Court, which may impact the equity structure and control of the listed company [1]

Group 1 - The "Sanyang Convertible Bond" will stop trading after the afternoon session on October 13, with the last conversion day being October 16, when investors can still convert their bonds before the market closes [1] - The name of the "Sanyang Convertible Bond" has been changed to "Z Yang Convertible Bond" as of October 13 [1] Group 2 - The controlling shareholder of *ST Tianyu, Wuhan Tongyu, is facing severe financial difficulties, with assets insufficient to cover all due debts and a clear lack of repayment capability [1] - Wuhan Tongyu has applied for bankruptcy liquidation with the Wuhan Intermediate People's Court, which may impact the equity structure and control of the listed company [1]

Core Points - The company announced the early redemption of "Sanyang Convertible Bonds" with the redemption conditions met on September 16, 2025 [1] - The redemption price is set at 100.49 CNY per bond, including accrued interest for the current period [1] - Trading of "Sanyang Convertible Bonds" will cease on October 14, with the redemption registration date on October 16 [1] Summary by Sections - **Redemption Details** - The company decided to exercise its right for early redemption on September 16 [1] - The total redemption will occur, with funds expected to be credited to the company by October 22 and to investors by October 24 [1] - **Investor Advisory** - Holders are reminded to convert their bonds within the specified timeframe to avoid potential losses [1] - It is advised to resolve any pledge or freeze situations in advance [1]

Core Viewpoint - The company has decided to exercise its right to redeem the "San Yang Convertible Bonds" early, with specific redemption terms and conditions outlined for bondholders [3][19]. Group 1: Convertible Bond Issuance - The company issued 2.1 million convertible bonds on October 26, 2023, with a total fundraising amount of 210 million yuan [3][19]. - The bonds have a maturity period of 6 years and were listed for trading on November 17, 2023, under the name "San Yang Convertible Bonds" [3][19]. Group 2: Redemption Details - The redemption price is set at 100.49 yuan per bond, which includes accrued interest at an annual rate of 0.50% [2][10]. - The redemption conditions are met as the stock price has exceeded 130% of the conversion price for a specified period [7][8]. - The bonds will stop trading on October 14, 2025, and the redemption will occur on October 17, 2025 [4][15]. Group 3: Conversion Terms - The conversion period for the bonds is from May 1, 2024, to October 25, 2029, with an initial conversion price of 37.65 yuan per share [5][6]. - The conversion price has been adjusted due to cash dividends, currently standing at 37.43 yuan per share [6][7]. Group 4: Redemption Process - Bondholders must ensure their bonds are not pledged or frozen before the conversion deadline to avoid forced redemption [3][12]. - The company will provide daily announcements regarding the redemption process leading up to the redemption date [13][15].