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 Viewpoint - Jiuzhou Group announced a mandatory redemption of "Jiuzhou Convertible Bond 2" at a price of 102.04 CNY per share if not converted by October 14, 2025, highlighting a significant price discrepancy between the secondary market and the redemption price, urging bondholders to convert in time to avoid potential losses [1] Group 1 - Jiuzhou Group's announcement includes a deadline for bondholders to convert their holdings before the mandatory redemption [1] - The current market price of "Jiuzhou Convertible Bond 2" is significantly lower than the redemption price, indicating a potential investment risk for holders [1] - Investors are advised to pay attention to the conversion deadline to mitigate possible financial losses [1]

Core Viewpoint - The upcoming redemption and trading cessation of convertible bonds from Xue Rong, Ling Yi, and Jiu Zhou pose significant risks for investors who fail to act in time, potentially leading to substantial losses. Group 1: Trading and Redemption Dates - Xue Rong convertible bond will cease trading on October 9, with the last conversion date on October 14 [5][7] - Ling Yi convertible bond will stop trading on October 10, with the last conversion date on October 15 [7][10] - Jiu Zhou convertible bond will also stop trading on October 10, with the last conversion date on October 15 [10][11] Group 2: Current Prices and Potential Losses - As of September 30, the closing prices for Xue Rong, Ling Yi, and Jiu Zhou convertible bonds were 141.55 CNY, 176.82 CNY, and 124.11 CNY respectively [16] - If investors do not act, potential losses could exceed 28% for Xue Rong, 43% for Ling Yi, and 17% for Jiu Zhou [16] Group 3: Redemption Prices - Xue Rong convertible bond will be forcibly redeemed at 100.93 CNY per bond after the last trading day [7][10] - Ling Yi convertible bond will be forcibly redeemed at 100.181 CNY per bond after the last trading day [10][14] - Jiu Zhou convertible bond will be forcibly redeemed at 102.04 CNY per bond after the last trading day [10][13] 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 [17] - The new regulations indicate that the last trading day will be marked with a "Z" to alert investors of the risks [17]

Core Viewpoint - Jiuzhou Group announced a mandatory redemption of "Jiuzhou Convertible Bond 2" at a price of 102.04 CNY per share if not converted by October 14, 2025, highlighting a significant price difference between the secondary market and the redemption price, urging bondholders to convert in time to avoid potential losses [1] Group 1 - Jiuzhou Group's announcement includes a deadline for bondholders to convert their bonds to avoid mandatory redemption [1] - The current secondary market price of "Jiuzhou Convertible Bond 2" is significantly lower than the redemption price, indicating a potential investment risk for holders [1] - Investors are advised to pay attention to the conversion deadline to mitigate possible financial losses [1]

Core Viewpoint - Jiuzhou Group announced a mandatory redemption of "Jiuzhou Convertible Bond 2" at a price of 102.04 CNY per share if not converted by October 14, 2025, highlighting a significant price difference between the secondary market and the redemption price, urging bondholders to convert in time to avoid potential losses [1] Group 1 - Jiuzhou Group's announcement includes a deadline for bondholders to convert their holdings before the mandatory redemption [1] - The current secondary market price of "Jiuzhou Convertible Bond 2" is significantly lower than the redemption price, indicating a potential investment risk for holders [1] - Investors are advised to pay attention to the conversion deadline to mitigate possible financial losses [1]

Group 1 - The article discusses various convertible bonds, including strong redemption announcements and adjustments in terms of bond conditions [2][5] - Specific convertible bonds such as Jingxing Convertible Bond and Chunqiu Convertible Bond are subject to strong redemption, while Gongtong Convertible Bond will not undergo adjustments [5] - The article lists the current prices, redemption prices, last trading dates, and conversion values of several convertible bonds, indicating their market performance and potential investment opportunities [4][7] Group 2 - Shareholders of Zhongtian Rocket plan to reduce their holdings by no more than 3% of the company's shares, while Shennma Co. intends to repurchase shares worth 100 million to 200 million yuan [5] - The article highlights the upcoming subscription for Jin 25 Convertible Bond on September 26 [5] - It provides a detailed table of various convertible bonds, including their current prices, redemption prices, and market capitalization ratios, which can be useful for investors assessing their options [4][7]

Core Viewpoint - Jiuzhou Group announced a mandatory redemption of "Jiuzhou Convertible Bond 2" at a price of 102.04 yuan per share if not converted by October 14, 2025, highlighting a significant price difference between the secondary market and the redemption price, urging bondholders to convert in time to avoid potential losses [1] Group 1 - Jiuzhou Group's announcement includes a deadline for bondholders to convert their bonds to avoid mandatory redemption [1] - The current secondary market price of "Jiuzhou Convertible Bond 2" is significantly lower than the redemption price, indicating a potential investment risk for holders [1] - Investors are advised to pay attention to the conversion deadline to mitigate possible financial losses [1]

Core Viewpoint - Jiuzhou Group announced a mandatory redemption of "Jiuzhou Convertible Bond 2" at a price of 102.04 CNY per share if not converted by October 14, 2025, highlighting a significant price discrepancy between the secondary market and the redemption price, urging bondholders to convert in time to avoid potential losses [2]. Group 1 - Jiuzhou Group's announcement includes a deadline for the conversion of "Jiuzhou Convertible Bond 2" [2]. - The mandatory redemption price is set at 102.04 CNY per share [2]. - The company warns bondholders of the risks associated with not converting their bonds in time [2].

Core Viewpoint - Jiuzhou Group announced a mandatory redemption of "Jiuzhou Convertible Bond 2" at a price of 102.04 yuan per share if not converted by October 14, 2025, highlighting a significant price difference between the secondary market and the redemption price, urging bondholders to convert in time to avoid potential losses [1] Summary by Category - **Company Announcement** - Jiuzhou Group issued a notice regarding the mandatory redemption of "Jiuzhou Convertible Bond 2" [1] - The redemption price is set at 102.04 yuan per share [1] - **Market Implications** - There is a notable disparity between the secondary market price of "Jiuzhou Convertible Bond 2" and the redemption price [1] - Investors are cautioned to convert their bonds within the specified timeframe to mitigate potential financial losses [1]

Core Viewpoint - Jiuzhou Group announced a mandatory redemption of "Jiuzhou Convertible Bond 2" at a price of 102.04 CNY per share if not converted by October 14, 2025, highlighting a significant price difference between the secondary market and the redemption price, urging bondholders to convert in time to avoid potential losses [1] Group 1 - Jiuzhou Group's announcement includes a deadline for bondholders to convert their holdings before the mandatory redemption [1] - The current secondary market price of "Jiuzhou Convertible Bond 2" is significantly lower than the redemption price, indicating a potential investment risk for holders [1] - Investors are advised to pay attention to the conversion deadline to mitigate possible financial losses [1]