Xuerong Bio-Technology announces early convertible bond redemption

Shanghai Xuerong Bio-Technology Co., Ltd. has triggered the conditional early redemption of its "Xuerong Convertible Bonds" after its stock price consistently exceeded 120% of the current conversion price. The redemption price is set at 100.93 yuan per bond (including accrued interest and tax), which is significantly lower than current secondary market prices, posing a potential loss for bondholders who do not convert.

The company's stock price met the redemption conditions from August 14 to September 3, 2025. The last trading day for the convertible bonds will be October 10, 2025, and the stop conversion date is October 15, 2025. All unconverted bonds will be mandatorily redeemed on October 15, 2025.

Bondholders must ensure they have activated their ChiNext trading privileges and, if applicable, release any pledged or frozen bonds before the conversion deadline to facilitate conversion. Unconverted bonds after October 14, 2025, will be subject to the mandatory redemption, and the bonds will be delisted from the Shenzhen Stock Exchange.