Kehua Data to redeem "Keshu convertible bonds"

Kehua Data Co., Ltd. [SZSE:002335] announced that it will redeem all outstanding "Keshu Convertible Bonds" as of April 15, 2025, at a price of 100.32 RMB per bond, including tax. The redemption was triggered after the company's stock price traded above 130% of the conversion price for fifteen consecutive trading days. Trading of the bonds will cease on April 11, 2025, and conversion to shares will cease on April 16, 2025. Bondholders are advised to convert their bonds before the deadline to avoid potential losses. The final redemption amount after tax will be subject to approval from China Securities Depository and Clearing Corporation Limited Shenzhen Branch. Kehua Data anticipates delisting the "Keshu Convertible Bonds" from the Shenzhen Stock Exchange following the completion of the redemption.