Xuerong Bio-Technology announces early redemption of convertible bonds

Shanghai Xuerong Bio-Technology Co., Ltd. has announced the third indicative announcement for the early redemption of its "Xuerong Convertible Bonds." The redemption price is set at 100.93 yuan per bond, which includes accrued interest. The redemption conditions were met on September 3, 2025, and the last trading day for the convertible bonds will be October 10, 2025.

The company's stock price met the redemption criteria by closing at or above 120% of the current conversion price (4.92 yuan per share) for at least 15 trading days within a continuous 30-trading-day period from August 14, 2025, to September 3, 2025. Bondholders are advised that "Xuerong Convertible Bonds" not converted by the close of trading on October 14, 2025, will be compulsorily redeemed.

The official redemption date is October 15, 2025. Following the redemption, "Xuerong Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Investors holding these bonds are urged to consider converting them into shares before the stop-conversion date of October 15, 2025, especially given the current market price disparity with the redemption price, which could lead to investment losses if not converted.