Shenzhen Huaqiang Group adjusts bond conversion price after dividend

Shenzhen Huaqiang Industry's controlling shareholder, Shenzhen Huaqiang Group, announced an adjustment to the share conversion price for three tranches of its non-publicly issued exchangeable corporate bonds to professional investors. This adjustment comes after Shenzhen Huaqiang Industry declared a cash dividend of 2 yuan per 10 shares (including tax) to all shareholders, effective November 27, 2025.

The affected bond tranches include "23 Huaqiang E2", "25 Huaqiang E1", and "25 Huaqiang E2", with issue sizes of 1 bn yuan, 700m yuan, and 1.7 bn yuan, respectively. Following the dividend, the share conversion price for all three tranches will be adjusted from 30.17 yuan per share to 29.97 yuan per share, effective from November 27, 2025.

This adjustment aligns with the terms outlined in the bond offering documents, which stipulate price revisions for events such as cash dividends during the bond's term. Shenzhen Huaqiang Industry will continue to fulfill its information disclosure obligations regarding subsequent matters.