China Harzone triggers early convertible bond redemption

China Harzone Industry Corp will mandatorily redeem its convertible bonds at 100.77 yuan per bond on August 28, 2025, for those not converted beforehand.

The early redemption was triggered because the company's stock price stayed above 130% of the current conversion price for at least 15 trading days within a 30-day period.

The company advised investors to convert their bonds to avoid potential losses, as the redemption price is significantly lower than current market prices.