FilingReader Intelligence

Aofei convertible bonds near redemption, subsidiary secures investment

July 23, 2025 at 05:21 PM UTCBy FilingReader AI

Guangdong Aofei Data Technology's convertible bonds are projected to trigger conditional redemption as the stock price hit 130% of the conversion price.

Meanwhile, wholly-owned subsidiary Guangzhou Aorong Technology secured RMB 460 million from Guangzhou Tianze Aorong Equity Investment Fund Partnership, reducing Aofei Data's stake to 76.53%.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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