Kehua Data to redeem "Keshu convertible bonds"

Kehua Data Co., Ltd. announced the upcoming redemption of its "Keshu Convertible Bonds." Bondholders are advised to convert their bonds into shares before the market closes on April 15, 2025, as the company will redeem all remaining unconverted bonds on April 16, 2025, at CNY 100.32 per bond. Trading of the bonds will cease on April 11, 2025, and conversion will be suspended on April 16, 2025. The redemption is triggered because Kehua Data's stock price has remained above 130% of the current conversion price (CNY 27.65) for 15 consecutive trading days. Investors who fail to convert by the deadline may face potential losses due to the difference between the market price and the redemption price. The company reminds investors to carefully read the announcement and be aware of the risks involved.