Tinci announces early redemption of "Tianci convertible bonds"

Guangzhou Tinci Materials Technology Co., Ltd. announced the early redemption of its "Tianci Convertible Bonds" at a price of 100.29 yuan per bond, including interest and tax. This decision follows the satisfaction of redemption conditions on November 11, 2025, when the company's stock price met the 130% threshold of the current conversion price (28.50 yuan per share). The redemption registration date is set for December 2, 2025, with the actual redemption date on December 3, 2025.

Trading of the "Tianci Convertible Bonds" will cease on November 28, 2025, and the conversion period will end on December 3, 2025. The company will redeem all unconverted bonds held by investors as of the registration date. Investors are strongly advised to convert or sell their bonds before the deadline to avoid potential losses, as the redemption price may differ significantly from market prices, and unconverted bonds will be compulsorily redeemed.

After the redemption, the "Tianci Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. The company's funds for redemption are expected to be available by December 8, 2025, with investor payments credited by December 10, 2025. Investors holding pledged or frozen bonds are encouraged to resolve these issues before the trading halt.