FilingReader Intelligence
Luxshare bond buyback triggered by falling stock price
July 10, 2025 at 05:15 PM UTC•By FilingReader AI
Luxshare Precision Industry activated a mandatory buyback of its convertible bonds after the stock closed below 70% of the conversion price for thirty consecutive trading days. The company will repurchase bonds at 101.258 yuan each during July 17-23, 2025. Bond trading continues but conversion to shares is suspended during the buyback period. Separately, the company is advancing its acquisition of German automotive supplier Leoni's subsidiaries.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Announcement on the Suspension of Conversion of Luxshare Convertible Bonds during the Sellback PeriodJuly 10, 2025 at 08:00 AM UTC
Announcement on the progress of the acquisition of equity interests in Leoni AG and its wholly owned subsidiariesJuly 10, 2025 at 08:00 AM UTC
Beijing Han Kun (Shenzhen) Law Firm's Legal Opinion on the Sale and Purchase of Convertible Corporate Bonds of Luxshare Precision Industry Co., Ltd.July 10, 2025 at 08:00 AM UTC
SZSE:002475•Shenzhen Stock Exchange
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