000823SZSE
🚨 Material Event

Announcement on the Sixth Reminder of Early Redemption of Ultrasonic Convertible Bonds by Ultrasonic Electronics

Guangdong Goworld Co., Ltd.··7 pages

✨ AI Summary

Ultrasonic Electronics has announced the early redemption of its convertible bonds, effective June 15, 2026, at a price of 101.04 CNY per bond. The redemption is triggered by the stock price exceeding 130% of the conversion price for 15 trading days. Holders are advised to convert their bonds before the trading suspension on June 10, 2026, to avoid forced redemption.

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Full Translation

AI Translation· azure_openai

Announcement on the Sixth Reminder of Early Redemption of Ultrasonic Convertible Bonds by Ultrasonic Electronics

Securities Code: 000823
Securities Abbreviation: Ultrasonic Electronics
Announcement Number: 2026-032
Bond Code: 127026
Bond Abbreviation: Ultrasonic Convertible Bonds

Guangdong Shantou Ultrasonic Electronics Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions.

Special Reminder:

  1. Redemption Date of Convertible Bonds: June 15, 2026
  2. Redemption Price of Convertible Bonds: 101.04 CNY per bond (including interest and tax)
  3. Funds Arrival Date for Redemption: June 23, 2026
  4. Trading Suspension Date for Convertible Bonds: June 10, 2026
  5. Suspension Date for Conversion of Convertible Bonds: June 15, 2026
  6. Date for Meeting Redemption Conditions: May 22, 2026
  7. Redemption Registration Date: June 12, 2026
  8. Funds Arrival Date for Issuer (to China Clearing Account): June 18, 2026
  9. Redemption Type: Full Redemption
  10. Last Trading Day Abbreviation for Convertible Bonds: Z Ultrasonic Convertible Bonds
  11. 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 suspension of conversion to avoid being redeemed due to inability to convert.
  12. Risk Reminder: The redemption price of "Ultrasonic Convertible Bonds" may differ significantly from the market price before trading suspension and conversion suspension. Holders are reminded to convert their bonds within the deadline. Investors who do not convert in time may face losses; investors should pay attention to investment risks.

Guangdong Shantou Ultrasonic Electronics Co., Ltd. (hereinafter referred to as "the Company") held the 19th meeting of the 10th Board of Directors on May 22, 2026, and reviewed and approved the proposal on 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 "Ultrasonic Convertible Bonds" and authorized the Company's management and relevant departments to handle all related matters for the subsequent redemption of "Ultrasonic Convertible Bonds." The relevant matters are announced as follows:

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