Workflow
春秋转债
icon
Search documents
注意!最后一天 这2只转债不及时操作或亏损
Core Viewpoint - The last trading day for Sheng24 Convertible Bond and Tongcheng Convertible Bond is November 10, with significant potential losses for investors who do not act in time [1][3][4]. Group 1: Important Dates and Actions - Investors are reminded that November 10 is the last trading day for Sheng24 Convertible Bond, and November 13 is the last conversion day [3][4]. - After November 13, unconverted Sheng24 Convertible Bonds will be frozen and cease trading, with a forced redemption price of 100.1677 CNY per bond [3][4]. - For Tongcheng Convertible Bond, the last trading day is also November 10, with a forced redemption price of 101.44 CNY per bond after November 13 [3][4]. Group 2: Financial Implications - As of November 7, the closing prices for Sheng24 and Tongcheng Convertible Bonds were 116.244 CNY and 125.413 CNY respectively, indicating potential losses of over 13% and 19% if investors do not act [4][5]. - There are still 344 million CNY and 113 million CNY of Sheng24 and Tongcheng Convertible Bonds respectively that have not been traded or converted, representing over 12% and 14% of the total [5]. Group 3: Redemption Mechanism - The forced redemption mechanism is triggered when the underlying stock price remains above 130% of the conversion price for at least 15 out of 30 trading days [5]. - Investors can either sell the convertible bonds or convert them into shares to avoid losses, with the conversion price set at 12.51 CNY per share for Sheng24 and 31.11 CNY per share for Tongcheng [3][5]. - New regulations require a "Z" identifier to be added to the security name on the last trading day, alerting investors to act promptly [5].
苏州春秋电子科技股份有限公司关于“春秋转债”转股及赎回结果暨股份变动公告
Core Points - The company announced the conversion and redemption results of its convertible bonds, "Chunqiu Convertible Bonds," indicating a significant conversion into A-shares and the completion of the redemption process [2][4][8] Group 1: Conversion Details - As of the redemption registration date (November 6, 2025), a total of RMB 239,665,000 worth of "Chunqiu Convertible Bonds" has been converted into 22,524,112 shares, representing 5.8538% of the company's total shares before conversion [2][14] - From October 1, 2025, to the redemption registration date, RMB 131,900,000 worth of bonds were converted into 12,561,287 shares [3][14] Group 2: Redemption Information - The remaining balance of unconverted "Chunqiu Convertible Bonds" as of the redemption registration date was RMB 335,000, accounting for 0.1971% of the total issuance [4][13] - The total redemption amount paid out was RMB 340,698.35, including accrued interest, with the redemption payment date set for November 7, 2025 [4][16] Group 3: Bond Issuance Overview - The company issued 2.4 million convertible bonds on April 14, 2020, with a total value of RMB 24 million and a maturity of six years [5] - The initial conversion price was set at RMB 15.69 per share, which has been adjusted multiple times due to profit distributions and other factors, with the latest adjustment bringing it to RMB 10.50 per share [7][12] Group 4: Impact on Company Structure - Following the redemption, the company's total share capital increased to 455,944,211 shares, which may temporarily dilute earnings per share but is expected to enhance the company's capital strength for sustainable development [16]
11月7日投资提示:翻车
集思录· 2025-11-06 14:37
Group 1 - A new IPO subscription rule has led to wealthy individuals waking up early to compete for shares, indicating a highly competitive environment [1] - Several brokerage firms attempted to subscribe before 9:15 AM but faced challenges, highlighting the intense competition in the market [1] Group 2 - New Hope plans to establish a new rural development company in collaboration with two national-level funds [3] - Recent announcements regarding convertible bonds include the non-strong redemption of Fenggong Convertible Bond [4] - The North Exchange has new IPO listings, and several companies are in the process of subscription [3] Group 3 - Key data on convertible bonds includes various bonds with their current prices, redemption prices, last trading dates, and conversion values [6][8] - Specific convertible bonds such as Chunqiu Convertible Bond and Sheng24 Convertible Bond have been detailed with their respective financial metrics [6][8]
春秋电子:关于实施“春秋转债”赎回暨摘牌的最后一次提示性公告
Zheng Quan Ri Bao· 2025-11-05 11:41
Group 1 - The announcement from Spring Airlines Electronics states that the last conversion date for "Spring Convertible Bonds" is November 6, 2025, with only one trading day left before this date [2] - After the early redemption is completed, "Spring Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting November 7, 2025 [2] - Investors holding "Spring Convertible Bonds" can either trade in the secondary market within the specified time or convert at a price of 10.50 CNY per share, otherwise, they will face forced redemption at a price of 100 CNY per bond plus accrued interest, totaling 101.701 CNY per bond [2]
春秋电子:关于实施“春秋转债”赎回暨摘牌的第十九次提示性公告
Group 1 - The core announcement is regarding the "Chunqiu Convertible Bond," which will have its last conversion day on November 6, 2025, with only two trading days left until then [1] - After the early redemption is completed, the "Chunqiu Convertible Bond" will be delisted from the Shanghai Stock Exchange starting November 7, 2025 [1] - Investors holding the "Chunqiu Convertible Bond" can either continue trading in the secondary market within the specified time or convert at a price of 10.50 CNY per share, otherwise, they will face forced redemption at a price of 100 CNY per bond plus accrued interest, totaling 101.701 CNY per bond [1]
4日投资提示:广汇汽车筹划现金方式收购部分汇车退债
集思录· 2025-11-04 00:34
Group 1 - The article discusses the cash acquisition plan by Guanghui Automotive for the "Hui Che Tui Debt" held by bondholders [1] - The last trading day for Fenghuo Convertible Bond is November 26, 2025 [1] - The announcement states that both Juxing Convertible Bond and Jianfan Convertible Bond will not undergo adjustments [1] Group 2 - A table is provided detailing 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] - Specific data includes: - Xitai Convertible Bond: Current price 140.790, last trading day October 30, 2025, remaining scale 0.024 billion [3] - Chunqiu Convertible Bond: Current price 143.235, last trading day November 3, 2025, remaining scale 0.033 billion [3] - Sheng24 Convertible Bond: Current price 118.649, last trading day November 10, 2025, remaining scale 7.165 billion [3] - Other convertible bonds listed with similar details [3][5]
苏州春秋电子科技股份有限公司 关于实施“春秋转债”赎回暨摘牌的第十六次提示性公告
Core Points - The company has announced the early redemption of the "Chunqiu Convertible Bonds" due to the stock price meeting the conditions for redemption [5][8][19] - The last trading day for the bonds is November 3, 2025, and the last conversion day is November 6, 2025 [1][2][17] - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [10][12][16] Redemption Details - The bonds will be redeemed on November 7, 2025, and will be delisted from the Shanghai Stock Exchange on the same day [3][18] - The company has triggered the conditional redemption clause as the stock price was above 130% of the conversion price for 15 trading days [5][8][10] - Investors must convert or sell their bonds before the last trading day to avoid forced redemption [4][20] Financial Implications - The accrued interest for the bonds is calculated based on a 3.0% annual interest rate, resulting in 1.701 CNY per bond [11][12] - The total redemption amount for each bond is 101.701 CNY before tax, with a net amount of 101.361 CNY after personal income tax for individual investors [13][14] Investor Guidance - Investors are advised to be aware of the redemption conditions and to act within the specified time frame to avoid potential losses [19][20] - The company will provide further announcements regarding the redemption process and its implications for the company [15][22]
3日投资提示:山河药辅股东拟减持不超3%股份
集思录· 2025-11-02 13:17
Group 1 - Taifu Pump Industry has terminated the acquisition of 51% equity in Nanyang Huacheng [1] - Shareholder Fosun Pharma of Shanhe Pharmaceutical Auxiliary plans to reduce its stake by no more than 3% [1] - Several convertible bonds including Anji Convertible Bond, Longda Convertible Bond, and Oujing Convertible Bond will not undergo forced redemption [1][2] Group 2 - The following convertible bonds will not be adjusted: Oujing Convertible Bond, Longda Convertible Bond, and Tong 22 Convertible Bond [2] - New shares from Danna Biotechnology will be listed on the Beijing Stock Exchange [1] - North Mining Testing is also set to issue new shares on the Beijing Stock Exchange [1]
注意!最后一天,这只转债不及时操作或亏损29%!
Core Points - The last trading day for Spring and Autumn Convertible Bonds is November 3, with a closing price of 143.264 CNY per bond on October 31, indicating a potential loss exceeding 29% for investors who do not act in time [1][3][5] - Investors are reminded that November 6 is the final conversion day, after which unconverted bonds will be frozen and cease trading [3][5] Summary by Sections Trading Information - As of October 31, the closing price of Spring and Autumn Convertible Bonds was 143.264 CNY per bond, with a maximum price of 146.000 CNY and a minimum of 141.904 CNY on the last trading day [2] - The bond has a conversion price of 10.50 CNY per share, and investors can choose to trade in the bond market until the close on November 3 [5] Redemption Mechanism - The company has the right to redeem the convertible bonds if the stock price meets certain conditions, specifically if the stock price is at least 130% of the conversion price for 15 out of 30 trading days [6] - If investors do not convert or sell their bonds by the deadline, they will be redeemed at a price of 101.701 CNY per bond, which includes the face value and accrued interest [5][6] Investor Actions - Investors have two options to avoid losses: sell the convertible bonds before the deadline or convert them into shares, noting that converted shares will follow different trading rules [6] - A new regulation indicates that the last trading day will be marked with a "Z" to alert investors of the impending deadline [6]
苏州春秋电子科技股份有限公司关于实施“春秋转债”赎回暨摘牌的第十七次提示性公告
Core Points - The company, Suzhou Chunqiu Electronics Technology Co., Ltd., has announced the early redemption of its convertible bonds, "Chunqiu Convertible Bonds," due to the stock price meeting the conditions for conditional redemption [4][5][6] - The last trading day for the "Chunqiu Convertible Bonds" is November 3, 2025, and the last conversion day is November 6, 2025 [2][3][11] - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange on November 7, 2025 [4][12] Redemption Details - The redemption price is set at 101.701 CNY per bond, which includes the face value and accrued interest [7][8] - The accrued interest is calculated based on a 3.0% annual coupon rate for 207 days, resulting in an interest of 1.701 CNY per bond [7][8] - The redemption will be executed for all bonds registered as of the redemption registration date, November 6, 2025 [5][6][9] Investor Guidance - Investors are advised to either convert their bonds at the conversion price of 10.50 CNY per share or sell them in the secondary market before the last trading day to avoid forced redemption [4][11][12] - The company emphasizes the importance of understanding the convertible bond regulations and the associated risks [4][12] 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 101.361 CNY per bond after tax [8] - Non-resident enterprises are exempt from corporate income tax on the interest income from these bonds until December 31, 2025 [8]