Xinjiang Construction and Construction announced an early redemption of the "Construction and Construction Convertible Bonds" and reminded investors to convert their shares in a timely manner.
Xinjiang Transportation Construction Group Co., Ltd. issues an important announcement regarding the early redemption of the "Construction Bonds" and the upcoming suspension of conversion. The total amount of the "Construction Bonds" issued is 850 million yuan. It was listed for trading on October 16, 2020, with a conversion period from March 22, 2021 to September 14, 2026, and the current conversion price is 10 yuan per share. Due to the triggering of conditional redemption clauses, the company has decided to redeem the bonds early. The redemption price is 100.044 yuan per bond, with the redemption registration date on September 22, 2025, and the redemption date on September 23, 2025. Trading will be suspended from September 18, 2025, and conversion will be suspended from September 23, 2025. The company reminds investors to convert within the specified period. Failure to convert in a timely manner may result in losses.
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