Chanhen Chemical triggers early redemption of convertible bonds

Guizhou Chanhen Chemical Corporation will redeem its convertible bonds early after the company's stock price exceeded redemption trigger conditions.

The stock closed above 130% of the conversion price for at least 15 out of 30 trading days between May 16 and June 23, 2025, meeting the conditional redemption criteria.

Bond holders have until July 17, 2025 to convert their bonds. Any unconverted bonds will be mandatorily redeemed at 101.397 yuan per bond including accrued interest and taxes on July 18.