Tinci Materials announces early redemption of convertible bonds

Guangzhou Tinci Materials Technology Co., Ltd. has announced the early redemption of its convertible bonds, with a redemption price of CNY 100.29 per bond (including interest and tax). The redemption conditions were met on November 11, 2025, with the registration date set for December 2, 2025, and the redemption date on December 3, 2025. Trading of the bonds will cease on November 28, 2025, and conversion will stop on December 3, 2025.

The company will fully redeem all outstanding convertible bonds registered by the close of business on December 2, 2025. Following the redemption, the bonds will be delisted from the Shenzhen Stock Exchange. Investors holding bonds that are pledged or frozen are advised to release them before the trading halt to avoid forced redemption.

The redemption price of CNY 100.29 per bond is calculated based on the par value plus accrued interest. The company reminds investors that there may be a significant difference between the redemption price and the market price before trading and conversion cessation, and those who fail to convert or sell in time may incur losses. Funds for the redemption are expected to reach the company’s account by December 8, 2025, and investor accounts by December 10, 2025.