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What does conditional redemption of convertible bonds mean?
The early redemption of convertible bonds means that when the bond triggers the early redemption condition, the issuer redeems the bond from the bondholder at a certain price. Investors can choose to sell or convert shares before the redemption registration date to avoid unnecessary asset losses.

The trigger price of strong redemption of convertible bonds means that during the conversion period of convertible bonds issued by the company, when the closing price of the company's shares is higher than 130% of the conversion price in the schedule for at least 15 consecutive trading days, the company has the right to redeem all or part of the unconverted convertible bonds according to the face value of the bonds plus the accrued interest in the schedule.