Ningbo BAMC: "BAMC 23 Convertible Bonds" may trigger redemption clauses

Zhitong
2025.08.22 07:54

Ningbo Bowei Alloy Materials Co., Ltd. announced that the "Bo 23 Convertible Bond" may meet the redemption conditions. On December 22, 2023, the company issued 1.7 billion yuan of "Bo 23 Convertible Bond" with a term of five years, and it will be listed for trading on January 18, 2024. The "Bo 23 Convertible Bond" can be converted into shares starting from June 28, 2024, with the latest conversion price set at 14.68 yuan per share. From August 11 to 22, 2025, the company's stock has had a closing price not lower than 130% of the conversion price for 10 trading days. If there are 5 trading days that meet this condition within the next 20 trading days, the redemption clause will be triggered. The company reminds investors to pay attention to the redemption clause and risks

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