Lingyi iTech to redeem convertible bonds, urges shareholders to convert

Lingyi iTech (Guangdong) Company will execute a mandatory redemption of its "Lingyi Convertible Bonds" (bond code: 127107), with the final redemption price set at CNY 100.181 per bond, including accrued interest at a 0.20% annual rate. This redemption follows the satisfaction of conditions on September 8, 2025, and marks the convertible bond’s cessation of trading on October 10, 2025, and conversion on October 15, 2025.

Bondholders on record as of the October 14, 2025, redemption registration date will have their bonds forcibly redeemed. The company reminds investors that the redemption price may differ significantly from market prices before the trading and conversion halts, emphasizing the importance of converting bonds within the stipulated timeframe to avoid potential losses.

Funds for the redemption are scheduled to be received by the company on October 20, 2025, with bondholders receiving their redemption proceeds by October 22, 2025. Following the redemption, "Lingyi Convertible Bonds" will be delisted from the Shenzhen Stock Exchange.