Guangdong Jiayuan Technology (SHA:688388) will redeem all of its outstanding convertible bonds in April, according to a Shanghai Stock Exchange filing on Monday.
The bonds will be redeemed at 100.3123 yuan apiece, including accrued interest.
Trading of the convertible bonds will end on March 27, while the final conversion date is on April 1. The redemption payment date is scheduled for April 2, when the bonds will also be delisted from the Shanghai bourse.
The conversion price of the bonds is 33.18 yuan per share.
Shares of the copper foil producer fell nearly 11% in recent trade.
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