Sunoren Solar activates convertible bond put option

Zhejiang Sunoren Solar Technology has activated an optional put right for its convertible bonds, allowing bondholders to sell back to the company at RMB 100.40 per bond including accrued interest.

The put option follows shareholder approval of changes to fundraising project items and can be exercised from August 14-20, 2025, with funds disbursed August 25.

The company warns that current market prices exceed the put price, meaning bondholders exercising the option may face losses.