Matsubara Security: "Matsubara Convertible Bonds" will be forcibly redeemed on September 30th, facing significant losses if not converted in a timely manner.

Songyuan Safety announced on September 25th, the final conversion date of "Songyuan Convertible Bonds" is September 29, 2025. Convertible bonds that are not converted after the market closes on that day will be forcibly redeemed at a price of 100.07 yuan per share. The redemption date for the convertible bonds is set for September 30, 2025, after which "Songyuan Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Due to the significant difference between the current secondary market price and the redemption price, investors may face substantial investment losses if they do not convert in a timely manner.