Yunnan Energy New Material's Enjie convertible bonds face early redemption

Yunnan Energy New Material has announced the early redemption of its "Enjie convertible bonds." The last trading day for these bonds will be October 27, 2025, with trading ceasing after market close. The final date for conversion into shares is October 30, 2025. After this date, any outstanding convertible bonds will cease to be convertible.

The redemption price for each bond is 101.44 yuan, which includes accrued interest at a current annual rate of 2.00%. The company confirmed that the conditions for early redemption were met on October 9, 2025. The company's funding for the redemption is scheduled to be received by November 5, 2025, with investor redemption payments expected by November 7, 2025.

Holders of the "Enjie convertible bonds" are strongly advised to understand the risks involved and complete any conversions before the deadline to avoid mandatory redemption and potential financial losses. The bonds will be delisted from the Shenzhen Stock Exchange following the redemption.