Shuangliang Energy Saving: "Shuangliang Convertible Bonds" trigger redemption clause, the company decides not to redeem early.
Shuangliang Energy Conservation announced that the issuance scale of "Shuangliang Convertible Bonds" is 2.6 billion yuan, with a term from August 8, 2023 to August 7, 2029, an initial conversion price of 12.13 yuan per share, and a current price of 6.18 yuan per share. From January 26, 2026 to February 13, if the company's stock closes above 130% of the current conversion price for fifteen out of thirty consecutive trading days, the conditional redemption clause will be triggered. On February 13, the company's board of directors decided not to exercise the early redemption right this time, and if triggered again within the next three months, the right will not be exercised, and a decision will be made afterwards if triggered again.
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