D&O: "D&O Convertible Bonds" second reminder for repurchase, price 101.284 yuan per bond

Zhitong
2025.08.15 08:00

D&O Group issued the second reminder announcement for the "D&O Convertible Bond" repurchase. Due to the company's change in the use of raised funds, the additional repurchase clause for the "D&O Convertible Bond" has come into effect. The repurchase price is 101.284 yuan per bond, and the repurchase declaration period is from August 14 to August 20, 2025, during which the conversion of bonds will be suspended. This repurchase is not mandatory. The issuer's funds will be credited on August 25, and the repurchase amount will be allocated on August 26, with investors receiving the funds on August 27. As of the trading day before the announcement, the closing price of the "D&O Convertible Bond" was higher than the repurchase price, and investors may incur losses if they choose to repurchase, so they need to be aware of the risks