Shanghai Xuerong Bio-Technology completes convertible bond redemption

Shanghai Xuerong Bio-Technology Co., Ltd. successfully completed the redemption of its "Xuerong Convertible Bonds" (bond code: 123056). As of the redemption registration date, October 14, 2025, a total of 15,151 bonds remained un-converted, leading to a total redemption payment of CNY 1,529,190.43 (including current interest). The redemption funds are scheduled to reach investors' accounts by October 22, 2025.

The redemption was triggered after the company's stock price met the conditions for early redemption. The stock closed at or above 120% of the current conversion price (CNY 4.92/share) for at least 15 trading days within a 30-trading-day period from August 14, 2025, to September 3, 2025. The redemption price was calculated at CNY 100.93 per bond (including current interest).

Following the full redemption, "Xuerong Convertible Bonds" will cease to be traded on October 10, 2025, and will be delisted from the Shenzhen Stock Exchange on October 23, 2025. This redemption represents 0.26% of the total issuance value and is not expected to materially impact the company's financial status or cash flow.