Jinko Power: "Jinko convertible bonds" resale option triggered

Jinko Power Technology Co., Ltd. (SSE:601778) has announced that the conditional resale clause for its "Jinko Convertible Bonds" has been triggered. Bondholders can choose to sell their bonds back to the company at a price of CNY 100.27 per bond (including current interest) from June 17, 2025, to June 23, 2025. Resale funds will be disbursed on June 26, 2025. Trading of the bonds will continue during the resale period, but conversion to stock will be suspended. Investors should note that the market price of the bonds is currently higher than the resale price and choosing to sell might result in a loss. Bondholders who do not exercise their resale option during this period will lose the opportunity to do so for the current interest year.