Group 1 - The company Youzu Interactive announced that its issued bond "Youzu Convertible Bond" (bond code: 128074) will be delisted from the Shenzhen Stock Exchange starting from September 8, 2025 [2]

Key Points - The company issued 11,500,000 convertible bonds with a total amount of 115 million yuan, approved by the China Securities Regulatory Commission on September 23, 2019 [1] - The convertible bonds were listed and began trading on the Shenzhen Stock Exchange on October 21, 2019, under the code 128074 [1] - The initial conversion price was set at 17.06 yuan per share, effective from March 27, 2020, until September 23, 2025 [2] - The conversion price was adjusted to 16.97 yuan per share after a cash dividend distribution on August 25, 2020 [2] - Following another dividend distribution, the conversion price was further adjusted to 16.92 yuan per share, effective from August 2, 2024 [3] - The board proposed to lower the conversion price to 10.10 yuan per share, effective from March 7, 2025 [4] - The convertible bonds have conditional redemption clauses triggered if the company's stock price meets certain criteria, including a closing price above 130% of the conversion price for at least 15 trading days [5] - The redemption price is set at 101.8575 yuan per bond, including accrued interest, with a redemption date scheduled for August 28, 2025 [6][7] - A total of 5,292 bonds will be redeemed, amounting to a total payment of approximately 539,029.89 yuan [8] - Following the redemption, the bonds will be delisted from the Shenzhen Stock Exchange on September 8, 2025 [8]

Group 1 - The company issued 11,500,000 convertible bonds with a total amount of 115,000 million yuan, which began trading on October 21, 2019 [1] - The initial conversion price for the bonds was set at 17.06 yuan per share, valid from March 27, 2020, to September 23, 2025 [2] - The conversion price was adjusted to 16.97 yuan per share effective from August 25, 2020, following a cash dividend distribution [2] Group 2 - The conversion price was further adjusted to 16.92 yuan per share effective from August 2, 2024, due to another cash dividend distribution [3] - The board proposed to lower the conversion price to 10.10 yuan per share, effective from March 7, 2025 [4] Group 3 - The company has conditional redemption terms for the convertible bonds, which can be triggered if the stock price remains above 130% of the conversion price for 15 out of 30 trading days [5] - The redemption price is set at 101.8575 yuan per bond, including accrued interest, with a current annual interest rate of 2% [6] Group 4 - As of the redemption registration date on August 27, 2025, there were 5,292 bonds remaining unconverted, and the total redemption amount will be 539,029.89 yuan [8] - The total face value of the redeemed bonds is 529,200.00 yuan, which represents a portion of the total issuance [8] Group 5 - Following the conversion of bonds, the company's total share capital increased by 94,887,294 shares, leading to a dilution of earnings per share in the short term [8] - The convertible bonds will be delisted from the Shenzhen Stock Exchange starting September 8, 2025 [8]

Core Viewpoint - YooZoo Network Co., Ltd. is set to redeem its convertible bonds ("YooZoo Convertible Bonds") due to the stock price meeting the redemption conditions, with the last trading day for conversion approaching [1][2][6]. Summary by Sections Important Announcement - The announcement highlights that there is only half a trading day left before the "YooZoo Convertible Bonds" stop conversion, and remaining bonds will be forcibly redeemed at a price of 101.8575 CNY per bond [1]. Convertible Bond Issuance - The company issued 11,500,000 convertible bonds on September 23, 2019, with a total amount of 115 million CNY, and the bonds were listed for trading on October 21, 2019 [2][3]. Conversion and Price Adjustment - The initial conversion price was set at 17.06 CNY per share, with the conversion period from March 27, 2020, to September 23, 2025. The conversion price has been adjusted multiple times, with the latest adjustment bringing it down to 10.10 CNY per share effective March 7, 2025 [3][4][5]. Conditional Redemption - The redemption conditions were triggered as the stock price was above 130% of the conversion price for 15 out of 30 trading days from July 17 to August 6, 2025. The board approved the early redemption of the bonds [2][6]. Redemption Price and Process - The redemption price is calculated to be 101.8575 CNY per bond, which includes accrued interest. The redemption will be executed for all bondholders registered by the redemption date of August 27, 2025 [7][8]. Other Important Information - Bondholders must process conversion through their securities company, and the minimum conversion unit is one bond. Any unconverted bond balance will be paid in cash within five trading days after the conversion [9].

Core Viewpoint - Youzu Interactive (002174) announced that the "Youzu Convertible Bonds" will stop conversion after the trading session on August 27, with remaining bonds being forcibly redeemed at a price of 101.8575 yuan per bond, potentially leading to losses for investors [1] Group 1 - The announcement was made on August 27, indicating that there is only half a trading day left for the conversion of the bonds [1] - After the close of trading on August 27, any unconverted "Youzu Convertible Bonds" will be forcibly redeemed [1] - The redemption price is set at 101.8575 yuan per bond, which may result in financial losses for investors who have not converted their bonds [1]

Group 1 - The company Youzu Interactive announced that there is only one trading day left until the "Youzu Convertible Bonds" stop conversion and are redeemed as of August 26, 2025 [1] - Investors who do not convert their bonds in time may face potential losses [1]

Core Viewpoint - YooZoo Network Co., Ltd. announces the upcoming cessation of conversion for its convertible bonds, urging investors to convert their bonds before the final trading day on August 27, 2025 [1][10]. Summary by Sections Convertible Bond Redemption - The company has triggered the early redemption of its convertible bonds ("YooZoo-CB") due to the stock price exceeding 130% of the conversion price for 15 out of 30 trading days from July 17, 2025, to August 6, 2025 [2][6]. - The board of directors approved the early redemption at a meeting on August 6, 2025, authorizing management to handle all related matters [2]. Convertible Bond Issuance Details - The company issued 11,500,000 convertible bonds on September 23, 2019, with a total value of 115 million yuan, and the bonds were listed on the Shenzhen Stock Exchange on October 21, 2019 [2][3]. - The initial conversion price was set at 17.06 yuan per share, valid from March 27, 2020, to September 23, 2025 [3]. Conversion Price Adjustments - The conversion price was adjusted to 16.97 yuan per share on August 25, 2020, following a cash dividend distribution [4]. - Further adjustments brought the conversion price down to 16.92 yuan per share on August 2, 2024, and subsequently to 10.10 yuan per share on March 7, 2025 [5]. Redemption Conditions - The redemption conditions state that if the stock price remains above 130% of the conversion price for a specified period or if the remaining convertible bonds are less than 30 million yuan, the company can redeem the bonds [6][7]. - The redemption price is set at 101.8575 yuan per bond, which includes accrued interest [8]. Redemption Process - The redemption will be executed for all bondholders registered with the China Securities Depository and Clearing Corporation by the close of trading on August 27, 2025 [9]. - The redemption funds will be transferred to bondholders' accounts on September 4, 2025, following the completion of the redemption [9].

Core Points - The company has announced the redemption of its convertible bonds, "YooZoo Convertible Bonds," due to the fulfillment of specific conditions [6][11] - The last trading day for the bonds is set for August 22, 2025, and the last conversion day is August 27, 2025 [2][3] - The redemption price is determined to be 101.8575 yuan per bond, including interest [4][13][16] Redemption Details - The company will redeem all outstanding "YooZoo Convertible Bonds" that have not been converted by the end of the trading day on August 27, 2025 [4][20] - The bonds will stop trading on August 25, 2025, and the redemption will occur on August 28, 2025 [5][18] - The funds from the redemption will be credited to bondholders' accounts by September 4, 2025 [18] Conversion and Pricing - The initial conversion price was set at 17.06 yuan per share, later adjusted to 10.10 yuan per share as of March 7, 2025 [8][10] - The bonds have been trading at prices that triggered the redemption clause, with at least 15 trading days where the closing price was above 13.13 yuan [11][12] - The company issued a total of 11.5 million bonds, with a total issuance amount of 115 million yuan [7][6] Investor Guidance - Bondholders are advised to convert their bonds before the deadline to avoid forced redemption [4][20] - The company will provide daily announcements regarding the redemption process leading up to the redemption date [18]

Core Viewpoint - The announcement from Youzu Interactive highlights the imminent deadline for the conversion of "Youzu Convertible Bonds," which will cease to be convertible and will be redeemed after the market closes on August 22, 2025, leaving only three trading days for investors to act [2] Summary by Relevant Sections - **Company Announcement** - Youzu Interactive has issued a notice regarding the upcoming deadline for the conversion of its convertible bonds, emphasizing the importance for investors to convert their bonds before the deadline to avoid potential losses [2] - **Investor Advisory** - The company urges investors to carefully read the announcement and pay attention to the associated risks of not converting their bonds in time [2]

Core Viewpoint - Yoozoo Network Co., Ltd. has announced the early redemption of its convertible bonds ("Yoozoo Convertible Bonds") due to the stock price meeting the conditions for redemption, urging investors to convert their bonds before the deadline to avoid potential losses [1][2][6]. Group 1: Convertible Bond Redemption - The last conversion date for "Yoozoo Convertible Bonds" is August 27, 2025, after which unconverted bonds will be redeemed [1][2]. - The company’s stock price has been above 130% of the conversion price (13.13 CNY/share) for 15 out of the last 30 trading days, triggering the redemption clause [2][6]. - The board of directors approved the early redemption of the bonds on August 6, 2025, and authorized management to handle the related matters [2][6]. Group 2: Convertible Bond Issuance and Terms - The company issued 11,500,000 convertible bonds at a total value of 115 million CNY, with an initial conversion price of 17.06 CNY/share [2][3]. - The conversion price was adjusted to 16.97 CNY/share after a cash dividend distribution, and further adjusted to 16.92 CNY/share before the recent downward revision to 10.10 CNY/share [3][5]. - The bonds were listed on the Shenzhen Stock Exchange on October 21, 2019, under the code 128074 [2]. Group 3: Redemption Price and Process - The redemption price is set at 101.8575 CNY per bond, which includes accrued interest calculated based on a 2.0% annual interest rate [7][6]. - The redemption will be executed for all bondholders registered with the China Securities Depository and Clearing Corporation by the close of trading on August 27, 2025 [7][8]. - The redemption funds will be transferred to bondholders' accounts on September 4, 2025, following the completion of the redemption process [7][8].