Harzone to mandatorily redeem convertible bonds

China Harzone Industry Corp will mandatorily redeem its convertible bonds at 100.77 yuan per bond after the company's stock price exceeded 130% of the conversion price for 15 days within a 30-trading-day period.

The last conversion day is August 28, 2025. Harzone warned investors of potential losses if they fail to convert by the deadline, as the redemption price differs significantly from the current secondary market price.