Harzone triggers early redemption of convertible bonds

China Harzone Industry Corp announced early redemption of its convertible bonds at 100.77 yuan per bond after its stock price traded above 130% of the conversion price for 15 days within a 30-day period.

Bonds stop trading August 25, 2025, and converting August 28. Unconverted bonds will be compulsorily redeemed at the lower redemption price, prompting the company to urge investors to convert before the deadline to avoid losses.