SONGYUAN: "SONGYUAN Convertible Bonds" will be forcibly redeemed on September 30th. If not converted to shares in time, there may be significant losses

Zhitong
2025.09.25 14:11

SONGYUAN announced on September 25 that the last conversion date for "SONGYUAN Convertible Bonds" is September 29, 2025. Convertible bonds that have not been converted by the close of trading on that day will be forcibly redeemed at a price of 100.07 yuan per bond. The redemption date for the convertible bonds is set for September 30, 2025, and after the redemption is completed, "SONGYUAN Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Due to the significant difference between the current secondary market price and the redemption price, investors who do not convert in time may face substantial investment losses

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