Great Wall Rockets: Tiantong Convertible Bonds will soon cease trading and be forcibly redeemed.
Changzheng Rocket announced that due to the company's stock price not falling below 130% of the conversion price of "Tianjian Convertible Bonds" for fifteen consecutive trading days between December 26, 2025, and January 19, 2026, the conditional redemption clause was triggered. "Tianjian Convertible Bonds" will cease trading on March 2, 2026, stop conversion on March 5, 2026, and be redeemed on March 6, 2026, at a redemption price of 100.81 yuan per bond. Those who have not converted by the end of trading on March 5, 2026, will be forcibly redeemed. After redemption, "Tianjian Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders are reminded to convert within the deadline, otherwise they may face losses.
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