Anhui Truchum convertible bonds near early redemption threshold

Anhui Truchum Advanced Materials & Technology's stock has traded above the 130% threshold of the current conversion price for nine trading days since July 2, reaching 7.93 yuan per share against a conversion price of 6.10 yuan.

This triggers potential early redemption conditions for the company's convertible bonds. The board previously decided in April not to exercise early redemption rights until July 1, but will now reconvene to decide whether to proceed.

The conversion price has been adjusted seven times from an initial 8.73 yuan per share.