Shenzhen Huaqiang Group adjusts bond conversion price after dividend payout

Shenzhen Huaqiang Industry announced on September 18, 2025, that its controlling shareholder, Shenzhen Huaqiang Group Co., Ltd., will adjust the conversion price for its non-publicly offered exchangeable corporate bonds. This adjustment follows Shenzhen Huaqiang Industry's upcoming cash dividend payout of 2 yuan per 10 shares (including tax) to all shareholders on September 25, 2025.

The adjustment applies to three series of bonds: "23 Huaqiang E2," "25 Huaqiang E1," and "25 Huaqiang E2." These bonds were issued with sizes of 1 bn yuan, 700 million yuan, and 1.7 bn yuan, respectively, and have maturities of 2, 3, and 3 years.

Effective September 25, 2025, the conversion price for all three bond series will be adjusted from 30.37 yuan per share to 30.17 yuan per share. Shenzhen Huaqiang Group will fulfill its information disclosure obligations regarding subsequent matters related to these exchangeable corporate bonds.