Fullhan Microelectronics sees zero tenders for convertible bond put option

Shanghai Fullhan Microelectronics announced the results of the put option exercise for its Fuhan convertible bond. The put option exercise period, which ran from September 19, 2025, to September 25, 2025, concluded with zero valid tenders.

The put option price was set at 100.241 yuan per bond, inclusive of interest and tax. As no bonds were tendered, the total put amount was 0 yuan. Consequently, Fullhan Micro will not be required to process any payments or undertake further procedures related to the put option exercise.

The company affirmed that this outcome will not significantly impact its financial position, equity structure, operating results, cash flow, debt repayment capabilities, or ongoing operational viability. Unexercised Fuhan convertible bonds will continue to trade on the Shenzhen Stock Exchange.