Yunnan Energy New Material announces early redemption of Enjie convertible bonds

Yunnan Energy New Material (002812) has announced the early redemption of its "Enjie convertible bonds" (128095), with the last trading day set for October 27, 2025, and the last conversion day for October 30, 2025. Unconverted bonds will be forcibly redeemed at a price of 101.44 yuan per bond. Investors are urged to convert their bonds before the deadline to avoid potential losses, as the redemption price may differ significantly from market prices. The company's stock price met the conditional redemption clause for at least 15 trading days between September 10, 2025, and October 9, 2025.

In a related development, the company has provided 662m yuan in guarantees for its subsidiaries to secure comprehensive credit facilities. This includes a 120m yuan guarantee for Wuxi Enjie New Material Technology Co., Ltd. with Jiangsu Bank, a 442m yuan guarantee for Zhuhai Enjie New Material Technology Co., Ltd. with Industrial Bank Zhuhai Branch, and a 100m yuan guarantee for Jiangsu Enjie New Material Technology Co., Ltd. with Industrial Bank Changzhou Branch.

As of the disclosure date, the total approved guarantee amount for the company and its subsidiaries is 6bn yuan, representing 245.19% of the latest audited net assets attributable to shareholders. The actually signed and effective guarantee amount is 3.9bn yuan, which is 159.49% of the latest audited net assets attributable to shareholders.