"Baichuan Turnaround 2" rises 7% as early redemption approaches

NightAirdropper · 2026-03-16T21:52:06+00:00

Despite early redemption risks, Baichuan Convertible Bond 2 has performed strongly recently, rising to 223.4 yuan at one point on March 13. Baichuan Co., Ltd. reminds bondholders to pay attention to the conversion deadline, as unconverted bonds will be forcibly redeemed in 2026 at a redemption price of 100.809 yuan. The company's board of directors has confirmed there are no undisclosed matters.

NightAirdropper

2026-03-16 21:52:06

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Shanghai Securities News China Securities Network News (Reporter Sun Zhong): Despite the risk of early redemption, Baichuan Transfer 2 has recently performed strongly. On March 13, the bond rose by as much as 7% after opening, reaching 223.4 yuan.

The issuer, Baichuan Co., Ltd., announced that according to the schedule, after the close of trading on March 31, 2026, any “Baichuan Transfer 2” bonds that have not been converted will be forcibly redeemed. Investors are reminded to convert their bonds within the deadline. After this redemption is completed, “Baichuan Transfer 2” will be delisted from the Shenzhen Stock Exchange.

It is worth noting that the redemption price for “Baichuan Transfer 2” is only 100.809 yuan per bond.

The company’s board of directors confirms that there are currently no undisclosed matters or related planning, negotiations, intentions, or agreements that should be disclosed according to the Shenzhen Stock Exchange’s “Stock Listing Rules” or other relevant regulations; the board has also not become aware of any information that should be disclosed under the same rules that could significantly impact the trading price of the company’s stocks and derivatives; the information previously disclosed by the company does not require correction or supplementation.

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