Yao Shi Technology convertible bonds will be forced to be redeemed and convertible stock options will be suspended.
Nanjing Pharmaceutical Technology Co., Ltd. announced that the "Medicine Stone Convertible Bonds" will have a final conversion date of September 1, 2025, and will cease conversion and implement forced redemption starting on September 18, 2025, at a redemption price of 100.62 yuan per bond, which is lower than the current market price. This involves all unconverted convertible bonds with a total issuance amount of 1.15 billion yuan. The redemption funds are expected to be received by September 25, 2025.
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