When will Haiyou and Yong 22 announce the final trading day?

2026-03-17 06:17:24

After announcing the mandatory redemption, the company has not yet disclosed the redemption price, the final trading day, or the last conversion date, likely due to concerns that the convertible bond’s value might fall below the redemption price of around 101.
Once it drops below 101, convertible bondholders will no longer sell or convert, and the company will have to pay back the money in cash.
Is it required to determine the final conversion date within 30 trading days after the mandatory redemption announcement?

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