FilingReader Intelligence
Unigroup Guoxin convertible bonds trigger resale option
July 24, 2025 at 05:24 PM UTC•By FilingReader AI
Unigroup Guoxin Microelectronics announced its convertible bonds have triggered a conditional put option, allowing bondholders to resell at CNY 100.212 per bond including accrued interest.
The trigger occurred because the company's stock price closed below 70% of the current conversion price for thirty consecutive trading days. The put option declaration period runs from July 23 to July 29, 2025, with bond conversion suspended until July 30.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:002049•Shenzhen Stock Exchange
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