In the context of a strong banking stock market, the first listed bank Convertible Bonds triggering the early redemption conditions this year have emerged. Recently, the Bank Of Chengdu issued an announcement stating that from November 7, 2024, to December 17, 2024, its stock has closed at a price not lower than 130% (including 130%) of the current conversion price of the "Chengyin Convertible Bonds" at 12.23 yuan/share for 15 trading days. According to relevant provisions, the conditional redemption clause of the "Chengyin Convertible Bonds" has been triggered. The announcement shows that the Board of Directors of the bank has passed the proposal related to the early redemption of the "Chengyin Convertible Bonds" and has decided to exercise the right to early redemption of its Convertible Bonds, redeeming all unconverted "Chengyin Convertible Bonds" at the price of the bond's face value plus the interest accrued to the redemption registration date after the market close. (Securities Daily)