Truchum's "Chujiang convertible bonds" may trigger redemption

Anhui Truchum Advanced Materials (SZSE:002171) announced that its "Chujiang Convertible Bonds" are nearing a conditional redemption trigger. From March 12, 2025, to March 24, 2025, the company's stock price has traded above 130% of the current conversion price of CNY 6.10 per share for nine trading days. If Truchum's A-shares trade above 130% of the conversion price for at least 15 out of 30 consecutive trading days, the board will decide whether to redeem all or part of the outstanding bonds at face value plus accrued interest, as per the offering prospectus. Investors are urged to monitor company announcements.