Xuerong Bio-Technology announces early convertible bond redemption

Shanghai Xuerong Bio-Technology Co., Ltd. has initiated the early redemption of its "Xuerong Convertible Bonds" (stock code: 123056) at a price of 100.93 yuan per bond, including accrued interest. This decision follows the company's stock price meeting the conditional redemption clause, with its closing price not falling below 120% of the current conversion price (4.92 yuan/share) for at least 15 out of 30 consecutive trading days between August 14, 2025, and September 3, 2025.

The redemption process will begin with the cessation of trading for the convertible bonds on October 10, 2025, and the cessation of conversion on October 15, 2025. All unconverted bonds will be mandatorily redeemed on October 15, 2025, with redemption funds expected to reach investors' accounts by October 22, 2025. Given the current market price disparity, holders are strongly advised to convert their bonds into shares before the October 14, 2025, redemption registration date to avoid potential investment losses. Investors must possess a GEM trading account to convert their bonds into shares.