Announcement on the Fifth Reminder of Early Redemption of Ultrasonic Convertible Bonds
Securities Code: 000823
Securities Abbreviation: Ultrasonic Electronics
Announcement Number: 2026-030
Bond Code: 127026
Bond Abbreviation: Ultrasonic Convertible Bonds
Guangdong Shantou Ultrasonic Electronics Co., Ltd. (the "Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Redemption Date of Convertible Bonds: June 15, 2026
- Redemption Price of Convertible Bonds: 101.04 CNY per bond (including interest and tax)
- Funds Arrival Date for Redemption: June 23, 2026
- Last Trading Day for Convertible Bonds: June 10, 2026
- Last Day for Conversion of Convertible Bonds: June 15, 2026
- Date for Meeting Redemption Conditions: May 22, 2026
- Redemption Registration Date: June 12, 2026
- Funds Arrival Date for Issuer (to China Clearing Account): June 18, 2026
- Redemption Type: Full Redemption
- Last Trading Day Abbreviation for Convertible Bonds: Z Ultrasonic Convertible Bonds
- According to the arrangement, any "Ultrasonic Convertible Bonds" that have not been converted by the close of trading on June 12, 2026, will be forcibly redeemed. After this redemption is completed, "Ultrasonic Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Bondholders are reminded to convert their bonds within the deadline. If the "Ultrasonic Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to lift the pledge or freeze before the conversion deadline to avoid being redeemed due to inability to convert.
- Risk Reminder: The redemption price of "Ultrasonic Convertible Bonds" may differ significantly from the market price before trading and conversion cease. Bondholders are reminded to convert their bonds within the deadline. Investors who fail to convert in time may face losses; investors should pay attention to investment risks.
Guangdong Shantou Ultrasonic Electronics Co., Ltd. (the "Company") held the 19th meeting of the 10th Board of Directors on May 22, 2026, and approved the proposal for the early redemption of "Ultrasonic Convertible Bonds." Considering the current market and the Company's situation, the Board of Directors has decided to exercise the early redemption rights of the "Ultrasonic Convertible Bonds" and authorized the Company's management and relevant departments to handle all matters related to the subsequent redemption of "Ultrasonic Convertible Bonds." The relevant matters are announced as follows: