PRCO: Early redemption of PRCO convertible bonds, reminding investors to convert shares in a timely manner

Zhitong
2025.08.18 07:48

Puyang Pucai High-Temperature Materials Co., Ltd. issued a notice regarding the early redemption of the "Pucai Convertible Bonds" and the upcoming cessation of conversion. The last conversion date for the "Pucai Convertible Bonds" is August 20, 2025. After the market closes on that day, any unconverted bonds will cease conversion and be forcibly redeemed, with the redemption date set for August 21. The redemption price is 100.906 yuan per bond, subject to tax deductions based on the price approved by China Securities Depository and Clearing Corporation Limited. From July 8 to 28, 2025, if the company's stock closing price does not fall below 130% of the current conversion price of the "Pucai Convertible Bonds" for 15 trading days, the redemption clause will be triggered. The company reminds investors to convert in a timely manner, or they may face losses

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