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Suntak Technology calls for early redemption of convertible bonds

September 4, 2025 at 05:20 PM UTCBy FilingReader AI

Suntak Technology Co., Ltd. has issued its ninth indicative announcement for the early redemption of its "Chongda convertible bond 2" (bond code: 128131). The redemption price is set at 100.049 yuan per bond, including accrued interest. The company confirmed that the redemption conditions were met on August 22, 2025.

Key dates for bondholders include the cessation of trading for "Chongda convertible bond 2" on September 12, 2025, and the redemption registration date on September 16, 2025. The final day for conversion into shares is September 17, 2025, which is also the redemption date. Funds for the redemption are expected to reach the central depository on September 22, 2025, and investor accounts by September 24, 2025.

Bondholders are strongly advised to convert their bonds into shares before the conversion deadline to avoid potential losses, as the redemption price may differ significantly from market prices immediately preceding the cessation of trading and conversion. After the redemption is complete, "Chongda convertible bond 2" will be delisted from the Shenzhen Stock Exchange.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002815Shenzhen Stock Exchange

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