Xuerong Bio-Tech to redeem convertible bonds early

Shanghai Xuerong Bio-Technology Co., Ltd. has announced the early redemption of its convertible bonds, "Xuerong convertible bonds," with a redemption price of 100.93 yuan per bond (including accrued interest and tax). The redemption conditions were met on September 3, 2025, after the company's stock price exceeded 120% of the current conversion price for 15 out of 30 consecutive trading days.

The last trading day for the bonds is October 10, 2025, with the redemption registration date set for October 14, 2025. Unconverted bonds by the close of business on October 14, 2025, will be subject to mandatory redemption. The bonds will be delisted from the Shenzhen Stock Exchange following the redemption. Bondholders are advised to convert their bonds into shares before October 15, 2025, as failure to do so may result in significant investment loss due to the current market price of the bonds being higher than the redemption price.

The company reminds investors that converting to shares requires opening an A-share trading account, and those not meeting appropriate management requirements for A-share trading may be unable to convert their bonds. Redemption funds are expected to reach investor accounts by October 22, 2025.