Kehua Data to redeem "Keshu convertible bonds," halting trade

Kehua Data (SZSE:002335) will redeem all remaining "Keshu Convertible Bonds" at a price of CNY 100.32 per bond, effective after market close on April 15, 2025. Trading of the bonds will cease on April 11, 2025, with April 15, 2025, marking the final day for conversions. The redemption was triggered after Kehua Data's stock price exceeded 130% of the conversion price for 15 trading days. Bondholders are urged to convert their bonds before the deadline to avoid potential losses, considering the difference between the redemption price and the current market value. The company reminds investors to pay attention to relevant risks and to exercise caution. The company's paying agent will credit payments into bondholders' accounts by April 23, 2025. The bonds will be delisted from the Shenzhen Stock Exchange following the redemption.