Yuanxin Industrial: Notice of the Expected Triggering of Redemption Conditions for Yuanxin Convertible Bonds

NightAirdropper · 2026-03-10T19:15:23+00:00

Yuaxin Industrial announced that if the company's stock price remains above 130% of the conversion price, it may trigger the "Yuaxin Convertible Bond" conditional redemption clause. The board of directors will decide whether to redeem the non-converted bonds, and investors should pay attention to subsequent announcements and investment risks.

NightAirdropper

2026-03-10 19:15:23

Abstract generation in progress

Securities Daily News reported that on March 9, Yuanshin Industrial announced that the closing prices of the company’s stock have been at or above 130% of the current conversion price of the “Yuanshin Convertible Bond” (22.95 yuan per share) for 10 trading days from February 24, 2026, to March 9, 2026. If the company’s stock closing price continues to stay above 130% of the current conversion price, it may trigger the conditional redemption clause of the “Yuanshin Convertible Bond.” According to the relevant provisions of the “Yuanshin Industrial Co., Ltd. Growth Enterprise Market Private Placement Convertible Bonds Offering Prospectus,” the company’s board of directors has the right to decide whether to redeem all or part of the unconverted “Yuanshin Convertible Bonds” at the bond’s face value plus accrued interest. Investors are advised to carefully understand the regulations related to convertible corporate bonds, pay attention to the company’s subsequent announcements, and be aware of investment risks.

(Edited by Ren Shibi)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes