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Yunnan Energy New Material announces bond redemption, subsidiary credit guarantee

October 14, 2025 at 05:22 PM UTCBy FilingReader AI

Yunnan Energy New Material has issued its third warning announcement regarding the early redemption of its "Enjie convertible bonds." The redemption price is set at yuan 101.44 per bond, including accrued interest. The bonds will cease trading on October 28, 2025, with the redemption registration date on October 30, 2025, and the redemption and stop-conversion date on October 31, 2025. Investors who do not convert their bonds by the deadline risk losses due to potential market price differences.

The company also announced providing a joint and several liability guarantee for its subsidiary, Jiangxi Tongrui New Energy Technology Co., Ltd., for a comprehensive credit facility of yuan 10,000,000.00 from the Bank of China Gaoyao Branch. This guarantee is part of the yuan 6,000,000.00 total approved guarantee amount for 2025, representing 245.19% of the company's latest audited net assets attributable to shareholders. The actual signed guarantee amount stands at yuan 3,943,746.98, or 161.16% of net assets.

The decision to exercise the early redemption right for the "Enjie convertible bonds" was approved by the board on October 9, 2025, after the stock price met the redemption conditions. The company has no outstanding external guarantees, overdue guarantees, or guarantees involved in litigation that could result in losses.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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