China Harzone to redeem emergency convertible bonds, investors face deadline

China Harzone Industry Corp announced the redemption of its Emergency Convertible Bonds, with August 27, 2025, being the last day for bondholders to convert their bonds into shares. Unconverted bonds will be compulsorily redeemed at a price of 100.77 yuan per bond. The company warns of significant potential losses for investors who do not convert due to a substantial difference between the redemption price and current secondary market prices.

The redemption conditions were met on July 21, 2025, after the company's stock price met the redemption threshold over a continuous 30-trading-day period. Trading of the convertible bonds will halt on August 25, 2025, and the conversion period will cease on August 28, 2025, with the actual redemption date being August 28, 2025.

Bondholders must have a valid trading account on the ChiNext board to convert their bonds. The company also reminds investors that bonds subject to pledge or freeze should be released before the conversion deadline to ensure successful conversion. Funds from the redemption are expected to reach investor accounts by September 4, 2025.