Harzone Industry convertible bonds to delist following full redemption

China Harzone Industry Corp announced the full redemption and subsequent delisting of its "Emergency Convertible Bonds." The redemption is scheduled for August 28, 2025, with investor payments expected by September 4, 2025. Trading of the bonds will halt on August 25, 2025, and conversion to shares will cease on August 28, 2025. The delisting from the Shenzhen Stock Exchange is set for September 5, 2025.

The redemption was triggered after the company's stock price met the condition of closing at or above 130% of the current conversion price for at least 15 out of 30 consecutive trading days between July 1 and July 21, 2025. The redemption price is set at 100.77 yuan per bond (including accrued interest).

As of the redemption registration date, August 27, 2025, a total of 10,296 unconverted bonds were redeemed, amounting to 1,037,527.92 yuan. This full redemption represents 0.13% of the total issuance value, and the company stated it would not significantly impact its financial situation, operating results, or cash flow.