Suntak Technology announces early redemption of convertible bonds

Suntak Technology (SZSE:002815) has announced the early redemption of its "Chongda Convertible Bond 2" (bond code: 128131) at a price of CNY 100.049 per bond, including accrued interest. The company met the redemption conditions between August 4, 2025, and August 22, 2025, as its stock price closed above 130% of the current conversion price of CNY 10.25 per share for fifteen trading days. The board approved this decision on August 22, 2025.

Key dates for bondholders include the cessation of trading for "Chongda Convertible Bond 2" on September 12, 2025, followed by the redemption registration date on September 16, 2025. The conversion period will cease on September 17, 2025, which is also the redemption date. Bondholders who have not converted their bonds into shares by the close of business on September 16, 2025, will have them compulsorily redeemed.

The company's actual controllers, controlling shareholders, and senior management have confirmed no trading activity in "Chongda Convertible Bond 2" within six months prior to the redemption conditions being met, with the exception of Jiang Xuefei's initial holding of 1,482,000 bonds. All bondholders are advised to convert their bonds before the deadline to avoid potential losses.