Bojun convertible bonds near potential redemption trigger
Jiangsu Bojun Industrial Technology's stock price closed at or above 130% of the "Bojun Convertible Bond" current conversion price (16.68 yuan/share) for ten trading days from November 24 to December 5, 2025, reaching 21.68 yuan/share. If the company's stock price continues to meet this condition for at least fifteen trading days within any thirty consecutive trading days during the conversion period, the convertible bonds may become eligible for conditional redemption.
Should the conditional redemption terms be met, the company reserves the right to redeem all or part of the unconverted convertible bonds at their face value plus accrued interest. Investors are advised to understand the convertible bond regulations and monitor the company's subsequent announcements due to inherent investment risks.
The "Bojun Convertible Bond" was issued on September 8, 2023, with a total value of 500,000,000 yuan. Its conversion price has been adjusted multiple times, most recently to 16.68 yuan/share effective May 22, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Jiangsu Bojun Industrial Technology publishes news
Free account required • Unsubscribe anytime