Dongcai Convertible Bonds (123006) entered the conversion period on June 26, 2018. The closing price of the company's stock for at least 15 trading days from February 18, 2019 to March 29, 2019 for 30 consecutive trading days. Not less than 130% of the current conversion price (11.36 yuan / share) has triggered the redemption clause.
Redemption price: 100.16 yuan / piece
Redemption registration date: May 10, 2019
Redemption Day: May 13, 2019
Stop trading and conversion date: May 13, 2019
Issuer's Fund Arrival Date (After Arrival Settlement Account): May 16, 2019
Investor redemption date: May 20, 2019
According to the arrangement, the “Dongcai Convertible Bonds” that have not been converted after the market close on May 10, 2019 will be forcibly redeemed. After the redemption is completed, “Dongcai Convertible Bonds” will be delisted from the Shenzhen Stock Exchange. If the holder of the “Dongcai Convertible Bonds” is pledged or frozen, it is recommended to release the pledge and freeze before the date of the suspension of the transaction and the conversion, so as to avoid the redemption of the untransformable shares.
The redemption price of this convertible bond may be significantly different from the market price before the “East Finance Convertible Bond” ceases trading and before the conversion, and the holder is reminded to pay attention to the conversion of shares within the time limit.
If investors are unable to complete the conversion on their own on or before May 10, 2019, they may face losses. Investors are advised to pay attention to investment risks. Investors are advised to read the relevant announcements carefully and pay attention to investment risks.