Core Viewpoint - The company has announced the early redemption of its convertible bond "Jing 23 Convertible Bond" due to the stock price meeting the conditional redemption criteria, with significant implications for investors regarding conversion and redemption options [2][4][7]. Redemption Terms - The "Jing 23 Convertible Bond" will stop trading on September 26, 2025, with the last conversion date set for September 30, 2025 [2][15]. - The redemption price is set at 100.515 CNY per bond, which includes the face value and accrued interest [9][10]. - The accrued interest is calculated based on a 1.0% annual coupon rate over 188 days, resulting in 0.515 CNY per bond [9][10]. Conditional Redemption Trigger - The bond's conditional redemption was triggered as the stock price exceeded 130% of the conversion price for 15 trading days from August 20 to September 9, 2025 [4][7]. - The company’s board decided not to exercise the early redemption right previously but has now opted to redeem the bonds due to current market conditions and financial strategy [3][4]. Redemption Process - The redemption registration date is September 30, 2025, with the redemption payment date scheduled for October 9, 2025 [4][14]. - All bonds registered by the redemption date will be frozen and redeemed at the specified price [13][14]. Tax Implications - Individual investors will be subject to a 20% tax on the interest income from the bonds, affecting the net amount received upon redemption [11][12]. - Non-resident enterprises are exempt from corporate income tax on the interest income from these bonds until December 31, 2025 [12]. Trading and Listing - The bonds will be delisted from the Shanghai Stock Exchange on October 9, 2025, following the completion of the redemption process [16].

Core Points - Jingwang Electronics announced that the "Jing 23 Convertible Bond" will stop trading on September 26, 2025 [2] - The last conversion date for the "Jing 23 Convertible Bond" is September 30, 2025, which is only two trading days after the trading halt [2] - After the early redemption, the "Jing 23 Convertible Bond" will be delisted from the Shanghai Stock Exchange on October 9, 2025 [2] - Investors can either convert the bond at a conversion price of 23.91 CNY per share or face forced redemption at a value of 100 CNY per bond plus accrued interest, totaling 100.515 CNY per bond [2] - Forced redemption may lead to significant investment losses for investors [2]

Core Viewpoint - The company announces the redemption and delisting of the "Jing 23 Convertible Bonds" effective from September 26, 2025, with the last conversion date set for September 30, 2025 [2][3][19] Redemption Details - The last trading day for "Jing 23 Convertible Bonds" is September 25, 2025, and the bonds will be redeemed at a price of 100.515 CNY per bond, which includes accrued interest [3][11][15] - The redemption date is set for October 9, 2025, and the bonds will be delisted from the Shanghai Stock Exchange on the same day [3][15][18] Conversion and Redemption Conditions - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for 15 trading days [5][9] - Investors must convert their bonds at the conversion price of 23.91 CNY per share before the last conversion date to avoid forced redemption [3][4][17] Interest Calculation - The accrued interest for the bonds is calculated using the formula: IA = B × i × t / 365, resulting in an interest of 0.515 CNY per bond [12][11] - The total redemption amount per bond is 100.515 CNY, which is the sum of the face value and accrued interest [11][12] Tax Implications - Individual investors are subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 100.412 CNY after tax [13] - Non-resident enterprises are exempt from corporate income tax on the interest income from these bonds [14] Investor Advisory - The company advises bondholders to be aware of the conversion deadline and to take necessary actions to avoid forced redemption [4][17] - Investors are encouraged to understand the relevant regulations regarding convertible bonds and associated risks [5][17]

Core Points - The company has announced that the "Jing 23 Convertible Bond" will stop trading on September 26, 2025, with the last conversion date being September 30, 2025 [1][14] - The bond will be forcibly redeemed at a price of 100.515 CNY per bond if not converted by the deadline, which may lead to significant investment losses for holders [1][16] Redemption Details - The redemption date is set for September 30, 2025, with the redemption price being 100.515 CNY per bond, which includes accrued interest [4][9] - The accrued interest is calculated based on a formula involving the bond's face value, interest rate, and the number of days since the last interest payment [6][9] - The redemption payment will be issued on October 9, 2025, through the Shanghai Clearing House [13] Conditional Redemption Trigger - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price for 15 trading days from August 20 to September 9, 2025 [4][7] - The company’s board decided not to exercise the early redemption right previously but has now opted to do so based on current market conditions and financial strategy [3][4] Trading and Conversion - Trading of the "Jing 23 Convertible Bond" will cease on September 26, 2025, with only three trading days left until the final conversion date [1][14] - Investors are urged to convert their bonds within the specified timeframe to avoid forced redemption [2][15] Tax Implications - Individual investors will be subject to a 20% tax on the interest income from the bonds, affecting the net amount received upon redemption [10][11]

Core Viewpoint - Jingwang Electronics announced that investors holding "Jing 23 Convertible Bonds" can only convert at a price of 23.91 CNY per share or face mandatory redemption at a face value of 100 CNY plus accrued interest, potentially leading to significant investment losses [1] Group 1 - The conversion price for "Jing 23 Convertible Bonds" is set at 23.91 CNY per share [1] - In case of mandatory redemption, investors will receive 100.515 CNY per bond, which includes accrued interest [1] - The announcement indicates a risk of substantial investment losses for those unable to convert their bonds [1]

Core Points - The company has announced the redemption of its convertible bonds "Jing 23" due to the triggering of conditional redemption clauses based on stock price performance [6][9][19] - The last trading day for "Jing 23" convertible bonds is September 25, 2025, and the last conversion day is September 30, 2025 [2][3][17] - The redemption price is set at 100.515 CNY per bond, which includes accrued interest [11][12][16] Redemption Details - The redemption conditions were met as the stock price was above 130% of the conversion price for fifteen trading days [6][9] - The redemption registration date is September 30, 2025, and the redemption payment date is October 9, 2025 [10][16] - The company will not exercise the early redemption right if the conditions are triggered again within the specified period [5][6] Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [4][19] - The company will provide further announcements regarding the redemption process and its implications [15][20] - The bonds will be delisted from the Shanghai Stock Exchange after the redemption is completed [18]

Core Viewpoint - The company announces the redemption of its convertible bond "Jing 23 Convertible Bond" (景23转债), with the last trading day on September 25, 2025, and the last conversion day on September 30, 2025, leading to its delisting on October 9, 2025 [2][3][8]. Redemption Details - The redemption price is set at 100.515 CNY per bond, which includes the face value and accrued interest [11][12]. - The accrued interest is calculated based on a 1.0% annual coupon rate over 188 days, resulting in an interest of 0.515 CNY per bond [12]. - The company has triggered the conditional redemption clause due to the stock price exceeding 130% of the conversion price for 15 trading days [6][9]. Important Dates - Last trading day for "Jing 23 Convertible Bond" is September 25, 2025 [2]. - Last conversion day is September 30, 2025 [3]. - Redemption registration date is September 30, 2025 [6]. - Redemption payment date is October 9, 2025 [15]. Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption at a lower price [4][16]. - The company emphasizes the importance of understanding the convertible bond regulations and the potential risks involved [5][16].

Core Points - Jingwang Electronics announced that the last trading day for the "Jing 23 Convertible Bond" is September 25, 2025, and the last conversion day is September 30, 2025 [1] - After the early redemption, the "Jing 23 Convertible Bond" will be delisted from the Shanghai Stock Exchange on October 9, 2025 [1] - Investors can either continue trading the bond in the secondary market within the specified time or convert it at a price of 23.91 CNY per share, or face forced redemption at a value of 100 CNY per bond plus accrued interest, totaling 100.515 CNY per bond [1] - Forced redemption may lead to significant investment losses for investors [1]

Core Viewpoint - Shenzhen Jingwang Electronics Co., Ltd. has announced the early redemption of its "Jing 23 Convertible Bonds" due to the triggering of conditional redemption clauses, urging investors to take action before the deadline [1] Group 1 - The company will exercise its early redemption rights for the "Jing 23 Convertible Bonds" from August 20 to September 9, 2025, following the stock price triggering the redemption conditions [1] - The redemption registration date is set for September 30, with a redemption price of 100.515 CNY per bond, and the payment date for the redemption is October 9 [1] - The last trading day for the "Jing 23 Convertible Bonds" is September 25, and the last conversion day is September 30, after which the bonds will be delisted from the Shanghai Stock Exchange on October 9 [1] Group 2 - Investors who do not convert their bonds or sell them will face forced redemption of the unconverted portion, which may lead to significant losses [1] - The company advises bondholders to convert or sell their bonds within the specified period to mitigate investment risks [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]