Securities Code: 002937 Bond Code: 127090 Securities Abbreviation: Xingrui Technology Bond Abbreviation: Xingrui Convertible Bond Announcement Number: 2026-059 Ningbo Xingrui Electronic Technology Co., Ltd. Important Announcement Regarding Early Redemption of "Xingrui Convertible Bonds" and Upcoming Trading Suspension The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false statements, misleading representations, or material omissions. Key Information Highlights:
- Last Trading Day: June 10, 2026 June 10, 2026, is the last trading day for "Xingrui Convertible Bond." On this day, the abbreviation for "Xingrui Convertible Bond" will be "Z Xingrui Convertible Bond." After the market closes on June 10, 2026, "Xingrui Convertible Bond" will be suspended from trading.
- Last Conversion Day: June 15, 2026 June 15, 2026, is the last conversion day for "Xingrui Convertible Bond." Investors holding "Xingrui Convertible Bond" can still convert their bonds before the market closes on this day. After the market closes on June 15, 2026, unconverted "Xingrui Convertible Bonds" will cease to be convertible. The remaining convertible bonds will be mandatorily redeemed at a price of 100.717 yuan per unit (including interest and taxes). If mandatorily redeemed, investors may face losses. Investors are urged to be aware of investment risks. As of the close of trading on June 9, 2026, there is only 1 trading day left until the trading suspension date of "Xingrui Convertible Bond" (June 11, 2026), and only 4 trading days left until the conversion suspension date of "Xingrui Convertible Bond" (June 16, 2026). Holders of "Xingrui Convertible Bond" are reminded to carefully read this announcement, fully understand the relevant risks, pay attention to the last conversion time, and make prudent investment decisions.
- Holders of "Xingrui Convertible Bond" are specially reminded to convert their bonds within the specified period. Special Notes:
- Convertible Bond Redemption Date: June 16, 2026
- Convertible Bond Redemption Price: 100.717 yuan/unit (including interest and taxes)
- Convertible Bond Redemption Funds Arrival Date: June 24, 2026
- Convertible Bond Trading Suspension Date: June 11, 2026
- Convertible Bond Conversion Suspension Date: June 16, 2026
- Convertible Bond Redemption Condition Met Date: May 22, 2026
- Convertible Bond Redemption Registration Date: June 15, 2026
- Issuer's Redemption Funds Arrival Date (to China Securities Depository and Clearing Corporation account): June 22, 2026
- Redemption Category: Full Redemption
- Abbreviation for the last trading day of convertible corporate bonds: Z Xingrui Convertible Bond
- According to the arrangement, after the market closes on June 15, 2026, any "Xingrui Convertible Bonds" that have not been converted will be mandatorily redeemed. Upon completion of this redemption, "Xingrui Convertible Bond" will be delisted from the Shenzhen Stock Exchange. Holders are reminded to convert their bonds within the specified period. If the convertible bonds held by bondholders are pledged or frozen, it is recommended to release the pledge or freeze before the conversion suspension date to avoid mandatory redemption due to inability to convert.
- Risk Warning: Due to the significant difference between the current secondary market price of "Xingrui Convertible Bond" and the redemption price, holders are reminded to convert their bonds within the specified period. If investors fail to convert their bonds in a timely manner, they may face losses. Investors are urged to be aware of the risks. From April 24, 2026, to May 22, 2026, the stock price of Ningbo Xingrui Electronic Technology Co., Ltd. (hereinafter referred to as "the Company") met the condition of closing price being no less than 130% of the current conversion price of "Xingrui Convertible Bond" (25.50 yuan/share) for at least fifteen trading days within any thirty consecutive trading days (i.e., 33.15 yuan/share). According to the relevant provisions of the conditional redemption clause in the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by Ningbo Xingrui Electronic Technology Co., Ltd." (hereinafter referred to as the "Prospectus"), the conditional redemption clause of "Xingrui Convertible Bond" has been triggered. The Company held the third meeting of the Fifth Board of Directors on May 22,