Shanghai Xuerong Bio-Technology announces early convertible bond redemption

Shanghai Xuerong Bio-Technology Co., Ltd. has announced the seventh reminder for the early redemption of its convertible bonds, "Xuerong Convertible Bonds." The redemption price is set at CNY 100.93 per bond, including accrued interest. The company met the conditions for early redemption on September 3, 2025, with its stock price trading at or above 120% of the current conversion price (CNY 4.10 per share) for at least 15 trading days within a 30-day period.

The redemption registration date is October 14, 2025, and the redemption date is October 15, 2025. Trading of the convertible bonds will cease on October 10, 2025, and conversion will stop on October 15, 2025. Bondholders are strongly advised to convert their bonds into shares before the stop conversion date to avoid potential investment losses, as the market price currently differs significantly from the redemption price.

Upon completion of the redemption, "Xuerong Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Investors who do not meet the eligibility requirements for trading on the ChiNext board will be unable to convert their bonds into shares, posing a risk of not being able to convert.