Crystal Clear Chemical's convertible bonds may trigger redemption

Suzhou Crystal Clear Chemical (SZSE:300655) announced that its "Jingrui Convertible Bonds" (SZSE:123031) are approaching conditions that could trigger a redemption. From June 7, 2025, to June 19, 2025, the company's stock closing price has exceeded 130% of the current conversion price (CNY 3.79 per share) for 9 trading days. If the company's A-share stock price remains at or above 130% of the current conversion price for at least 15 out of 30 consecutive trading days, the company has the right to redeem all or part of the outstanding convertible bonds at face value plus accrued interest. The board will convene a meeting to decide whether to redeem the bonds if the condition is met. Investors are advised to pay attention to secondary market trading risks.