Xuerong announces early redemption of convertible bonds

Shanghai Xuerong Bio-Technology Co., Ltd. has issued its ninth cautionary notice regarding the early redemption of its "Xuerong Convertible Bonds." The redemption price is set at 100.93 yuan per bond, which includes accrued interest. The company’s stock price met the conditions for early redemption, trading at or above 120% of the current conversion price for at least 15 out of 30 consecutive trading days between August 14, 2025, and September 3, 2025.

The final trading day for "Xuerong Convertible Bonds" is October 9, 2025, with trading suspended from October 10, 2025. The last day for conversion is October 15, 2025, after which all unconverted bonds will be compulsorily redeemed, and the bonds will be delisted from the Shenzhen Stock Exchange.

Bondholders are strongly advised to convert their bonds into shares before the October 15, 2025, deadline to avoid potential investment losses, as the current market price of the bonds may differ significantly from the redemption price. Those with pledged or frozen bonds should release them before the conversion deadline. Investors without a GEM trading account will not be able to convert their bonds.