Raytron convertible bonds near potential redemption trigger

Raytron Technology's convertible bonds are approaching the conditions for optional redemption. Between August 28, 2025, and September 10, 2025, the company's stock price closed at or above 130% of the current conversion price (RMB 50.973 per share) for 10 trading days. If the stock price maintains this level for an additional 5 trading days within the next 20 consecutive trading days, the conditional redemption clause will be triggered.

If triggered, Raytron Technology will have the right to redeem all or part of the untransferred convertible bonds at their face value plus accrued interest. The company will convene a board meeting to decide whether to redeem the bonds and will make an announcement before the market opens on the next trading day.

Investors are advised to review the convertible bonds prospectus and relevant regulations to understand the potential impact of the redemption clause and to monitor subsequent company announcements for updates and risk awareness.