Group 1 - The company has decided to cancel the supervisory board and transfer its responsibilities to the audit committee of the board of directors to enhance corporate governance and comply with legal regulations [1][2] - The number of board members will be adjusted from 9 to 8 elected by the shareholders, with 1 employee director elected by the employee representative assembly, effective upon shareholder approval [1] - The company will revise its articles of association to reflect these changes and ensure alignment with current laws and regulations [1][3] Group 2 - The company issued 450,000 convertible bonds on December 5, 2022, with a total value of 450 million yuan, which can be converted into A-shares starting from June 9, 2023 [2] - As of September 16, 2025, a total of 449,055,000 yuan worth of convertible bonds have been converted into 21,805,835 shares, increasing the registered capital from 164,741,424 yuan to 186,547,259 yuan [2] - The articles of association will be revised to reflect the increase in registered capital and the removal of references to the supervisory board [2][3]

Group 1 - The company has triggered the conditional redemption clause for its convertible bonds due to the stock price being above 130% of the conversion price for 15 consecutive trading days [2][3] - The board of directors approved the early redemption of the convertible bonds at a price of 100.7836 yuan per bond, including accrued interest [4][5] - The total amount to be redeemed is 952,405.44 yuan, which includes accrued interest, and the redemption payment date is set for September 17, 2025 [11][12] Group 2 - As of the redemption registration date, the remaining balance of the convertible bonds is 945,000 yuan, accounting for 0.2100% of the total issuance [5][8] - A total of 449,055,000 yuan of convertible bonds have been converted into 21,805,835 shares, representing 13.0748% of the company's total shares before conversion [8][12] - The company's total share capital will increase to 186,547,259 shares after the redemption, which may dilute earnings per share in the short term but strengthen capital structure in the long term [12]

Group 1 - The announcement states that the last conversion date for "Dayuan Convertible Bonds" is September 16, 2025, which is one trading day away from the announcement date [2] - After the early redemption, "Dayuan Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting September 17, 2025 [2] - Investors can either continue trading the convertible bonds in the secondary market within the specified time or convert them at a price of 20.59 CNY per share, or face forced redemption at a price of 100 CNY per bond plus accrued interest, totaling 100.7836 CNY per bond [2]

Core Viewpoint - The announcement details the redemption and delisting of "Dayuan Convertible Bonds" (大元转债), effective from September 12, 2025, with the last conversion date set for September 16, 2025 [2][3][4]. Redemption Details - The last trading day for "Dayuan Convertible Bonds" is September 11, 2025, and trading will cease on September 12, 2025 [6][13]. - The redemption price is set at 100.7836 CNY per bond, which includes the face value and accrued interest [8][9]. - The redemption date is September 17, 2025, when the bonds will be delisted from the Shanghai Stock Exchange [4][14]. Conversion Conditions - The bonds are subject to early redemption as the company's stock price exceeded 130% of the conversion price for 15 consecutive trading days from August 4 to August 22, 2025 [5][7]. - Investors must convert their bonds or sell them before the last trading day to avoid forced redemption [15][16]. Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.6269 CNY per bond after tax [9][10]. - Non-resident enterprises are exempt from corporate income tax on interest income from these bonds until December 31, 2025 [10]. Communication and Procedures - The company will notify bondholders of the redemption process and results through various channels, including the Shanghai Stock Exchange website and financial newspapers [11][12].

Core Viewpoint - The article discusses various convertible bonds, their current prices, redemption prices, last trading dates, conversion values, remaining scales, and their proportion in the underlying stocks, providing insights into the convertible bond market dynamics [2][3][5]. Summary by Sections Convertible Bonds Overview - The article lists several convertible bonds with details such as their codes, names, current prices, redemption prices, last trading dates, last conversion dates, conversion values, remaining scales, and the proportion of convertible bonds in the underlying stocks [2][3][5]. Specific Convertible Bonds Data - For instance, the "崇达转2" bond has a current price of 166.001, a redemption price of 100.049, and a conversion value of 160.78, with a remaining scale of 0.187 billion and a proportion of 0.15% in the underlying stock [3]. - The "华宏转债" bond shows a current price of 134.700, a redemption price of 100.790, and a conversion value of 135.28, with a remaining scale of 0.073 billion and a proportion of 0.09% [3]. - The "金能转债" bond has a current price of 110.844, a redemption price of 110.000, and a conversion value of 98.82, with a remaining scale of 9.561 billion and a proportion of 14.97% [5]. Market Insights - The article provides a comprehensive view of the convertible bond market, highlighting the performance and characteristics of various bonds, which can be useful for investors looking to understand market trends and make informed decisions [2][3][5].

Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Dayuan Convertible Bonds," effective September 12, 2025, with a final conversion date of September 16, 2025 [2][4][13]. Redemption Details - The last trading day for "Dayuan Convertible Bonds" is September 11, 2025, and the bonds will be redeemed at a price of 100.7836 CNY per bond, including accrued interest [6][8]. - The redemption date is set for September 17, 2025, and all unconverted bonds will be forcibly redeemed at the specified price [4][12]. - Investors are advised to convert or sell their bonds within the stipulated time to avoid significant investment losses [4][15]. Conversion and Trading Information - The final conversion date for the bonds is September 16, 2025, with only three trading days remaining until this date [3][13]. - The company has triggered the redemption clause due to its stock price being above 130% of the conversion price for 15 consecutive trading days [5][7]. Financial Impact - As of September 10, 2025, a total of 374,633,000 CNY worth of "Dayuan Convertible Bonds" has been converted into 18,192,105 shares, representing 10.9080% of the company's total shares before conversion [19][23]. - The remaining unconverted bonds amount to 75,367,000 CNY, accounting for 16.7482% of the total issued convertible bonds [19][23]. Tax Implications - Individual investors will be subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 100.6269 CNY per bond after tax [9][10].

Group 1 - The company Dayuan Pump Industry announced that the last conversion date for its convertible bonds ("Dayuan Convertible Bonds") is September 16, 2025, which is only three trading days away from the announcement date [2] - After the early redemption, the "Dayuan Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting September 17, 2025 [2] - Investors holding the convertible bonds can either trade them in the secondary market within the specified time or convert them at a price of 20.59 CNY per share, or face forced redemption at a price of 100 CNY per bond plus accrued interest, totaling 100.7836 CNY per bond [2]

Core Viewpoint - Zhejiang Dayuan Pump Industry Co., Ltd. has announced the early redemption and delisting of its convertible bonds, "Dayuan Convertible Bonds," due to the stock price meeting the redemption conditions set forth in the bond issuance prospectus [3][4][5]. Redemption Details - The last trading day for "Dayuan Convertible Bonds" is September 11, 2025, and the last conversion day is September 16, 2025 [2][10]. - The redemption price is set at 100.7836 CNY per bond, which includes the face value and accrued interest [6][9]. - The redemption will take effect on September 17, 2025, when the bonds will be delisted from the Shanghai Stock Exchange [3][11]. Conditions for Redemption - The redemption conditions were triggered as the company's stock price was above 130% of the conversion price for 15 consecutive trading days from August 4 to August 22, 2025 [3][5]. - The total amount of unconverted bonds must be less than 30 million CNY for redemption to occur [5]. Interest and Taxation - The accrued interest for the bonds is calculated based on the formula: IA = B × i × t ÷ 365, where IA is the accrued interest, B is the total face value held, i is the annual coupon rate, and t is the number of days [6]. - Individual investors are subject to a 20% personal income tax on the interest income, resulting in a net redemption amount of 100.6269 CNY per bond after tax [7][8]. Redemption Process - The company will notify bondholders of the redemption details before the redemption period ends [8]. - On the redemption registration date, all unconverted bonds will be frozen, and the redemption amount will be distributed through the designated trading institutions [9].

Group 1 - Microchip Biotech and Material Jinlun plan to reduce their shareholding by no more than 3% of the company's shares [1] - Trina Solar's subsidiary has signed a 2.48 GWh energy storage sales contract [1] Group 2 - The convertible bond "Shengxun Convertible Bond" will not be adjusted [2] - Various convertible bonds have been listed with 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 [4][6]

Group 1 - The announcement states that the last trading day for "Dayuan Convertible Bonds" is September 11, 2025, which is one trading day away from the announcement date [2] - The last conversion date for "Dayuan Convertible Bonds" is September 16, 2025, which is four trading days away from the announcement date [2] - Following the early redemption, "Dayuan Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting September 17, 2025 [2]