Kehua Data to redeem Keshu convertible bonds

Kehua Data Co., Ltd. (SZSE:002335) announced the early redemption of its "Keshu Convertible Bonds." Triggered by the company's stock price exceeding 130% of the current conversion price for 15 consecutive trading days, the redemption will apply to all "Keshu Convertible Bonds" outstanding as of the close of trading on April 15, 2025. The redemption price is set at 100.32 yuan per bond, inclusive of interest and tax. Trading in "Keshu Convertible Bonds" will cease on April 11, 2025, and conversion will be suspended on April 16, 2025. Bondholders are advised to convert their holdings before the deadline to avoid potential losses. After the redemption, "Keshu Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. The company's board of directors approved the redemption plan on March 5, 2025.