Yunnan Energy New Material announces early redemption of convertible bonds

Yunnan Energy New Material announced the second reminder for the early redemption of its "Enjie convertible bonds" (128095), with the redemption price set at CNY 101.44 per bond (including accrued interest and tax). The redemption conditions were met between September 10, 2025, and October 9, 2025, as the company's stock price closed at or above 130% of the current conversion price for at least fifteen trading days.

The redemption process will see "Enjie convertible bonds" stop trading on October 28, 2025, and cease conversion on October 31, 2025. The redemption registration date is October 30, 2025, and the redemption date is October 31, 2025. Funds from the redemption will reach investors' accounts by November 7, 2025. After the redemption, the bonds will be delisted from the Shenzhen Stock Exchange.

Investors holding "Enjie convertible bonds" are strongly advised to convert their bonds into shares before the conversion deadline to avoid compulsory redemption, especially if their bonds are pledged or frozen. Failure to convert in time may result in losses, as the redemption price might significantly differ from market prices before the conversion halt.