Jingrui Electronic Materials Co., Ltd. announced that from April 24, 2024 to May 17, 2024, the closing price of the company's stock price was not less than 130% of the “Jingrui Convertible Bonds” current share conversion price (i.e. 3.86 yuan/share) for 15 consecutive trading days, which has triggered the “Jingrui Bonds Conversion” conditional redemption clause. The company held the 41st meeting of the 3rd board of directors on May 17, 2024 to review and pass the “Proposal on Not Early Redemption of Jingrui Bonds”. The board of directors decided not to exercise the early redemption right of “Jingrui Bonds Transfer”, not to redeem “Jingrui Bonds” early, and within the next six months (that is, May 18, 2024 to November 17, 2024), if the conditional redemption clause described above mentioned in “Jingrui Bonds Transfer” is once again touched upon, the company will not exercise the right to early redemption.
晶瑞电材：不提前赎回“晶瑞转债”
Jingrui Electric Materials: No early redemption of “Jingrui Convertible Bonds”
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