Xuerong Bio-Technology announces early redemption of convertible bonds

Shanghai Xuerong Bio-Technology Co., Ltd. announced the early redemption of its "Xuerong convertible bonds" (stock code: 123056) after meeting redemption conditions. The redemption price is set at 100.93 yuan per bond, including accrued interest.

The last trading day for the convertible bonds will be October 10, 2025, and the redemption registration date is October 14, 2025. Unconverted bonds will be forcibly redeemed after market close on October 14, 2025, leading to their delisting from the Shenzhen Stock Exchange.

The redemption condition was met as the company's stock price closed at or above 120% of the current conversion price (4.92 yuan/share) for at least 15 trading days within 30 consecutive trading days from August 14, 2025, to September 3, 2025. Investors are advised to be aware of the risk of potential investment losses if the bonds are forcibly redeemed, especially given the current market price difference.

Holders of the "Xuerong convertible bonds" are urged to convert their bonds into shares before the stop-conversion date of October 15, 2025. Investors must have activated their ChiNext trading privileges to convert. Funds for the redemption will reach the China Securities Depository and Clearing Corporation Limited account on October 20, 2025, and investor accounts by October 22, 2025.