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Unigroup Guoxin triggers convertible bond put option

July 21, 2025 at 05:20 PM UTCBy FilingReader AI

Unigroup Guoxin Microelectronics activated a put option for its Guowei convertible bonds after the stock price fell below 70% of the conversion price for thirty consecutive trading days.

The put option price is 100.212 yuan per bond. Bondholders can exercise the option from July 23-29, 2025, during which bond conversion will be suspended.

The bond's current market price trades above the put price.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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