Suntak Technology announces early redemption of "Chongda Convertible Bond 2"

Suntak Technology Co., Ltd. announced the early redemption of "Chongda Convertible Bond 2" at a price of 100.049 yuan per bond, including accrued interest. The decision was made at the fifth board meeting on August 22, 2025, after the bond met the conditional redemption terms, with the company's stock price exceeding 130% of the current conversion price of 10.25 yuan per share for fifteen trading days.

Key dates for the redemption process 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 date for conversion into shares is September 17, 2025, after which all unconverted bonds will be compulsorily redeemed. Bondholders' redemption funds are expected to arrive in their accounts by September 24, 2025.

Investors are urged to convert their bonds before the stop-trading date to avoid potential losses due to market price differences.