Securities Code: 002937 Bond Code: 127090 Securities Abbreviation: Xingrui Technology Bond Abbreviation: Xingrui Convertible Bond Announcement Number: 2026-060 Ningbo Xingrui Electronic Technology Co., Ltd. Important Reminder Announcement on Early Redemption of "Xingrui Convertible Bonds" and Impending Suspension of Conversion
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Key Information Highlights:
- Last Conversion Day: June 15, 2026 June 15, 2026, is the last day for "Xingrui Convertible Bonds" to be converted into shares. Investors holding "Xingrui Convertible Bonds" can still convert them before the market closes on that day. After the market closes on June 15, 2026, any unconverted "Xingrui Convertible Bonds" will cease to be convertible and will be compulsorily redeemed at a price of 100.717 yuan per bond (including interest and taxes). If compulsorily redeemed, investors may face losses. Investors are kindly requested to pay attention to investment risks. As of the close of trading on June 10, 2026, there are only 3 trading days left until the "Xingrui Convertible Bonds" stop converting (June 16, 2026). Bondholders of "Xingrui Convertible Bonds" are reminded to carefully read this announcement, fully understand the relevant risks, pay attention to the last conversion day, and make prudent investment decisions.
- Bondholders of "Xingrui Convertible Bonds" are specially reminded to convert within the deadline.
Special Notes:
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Convertible Bond Redemption Date: June 16, 2026
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Convertible Bond Redemption Price: 100.717 yuan/bond (including interest and taxes)
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Convertible Bond Redemption Funds Arrival Date: June 24, 2026
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Convertible Bond Trading Suspension Date: June 11, 2026
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Convertible Bond Conversion Suspension Date: June 16, 2026
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Convertible Bond Redemption Condition Met Date: May 22, 2026
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Convertible Bond Redemption Registration Date: June 15, 2026
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Issuer's Redemption Funds Arrival Date (to China Securities Depository and Clearing Corporation account): June 22, 2026
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Redemption Category: Full Redemption
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Last Trading Day Convertible Corporate Bond Abbreviation: Z Rui Convertible Bond
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According to the arrangement, after the market closes on June 15, 2026, any unconverted "Xingrui Convertible Bonds" will be compulsorily redeemed. Upon completion of this redemption, "Xingrui Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Bondholders are reminded to convert within the deadline. If the "Xingrui 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 compulsory redemption due to inability to convert.
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Risk Warning: Due to the significant difference between the current secondary market price of "Xingrui Convertible Bonds" and the redemption price, bondholders are reminded to convert within the deadline. If investors fail to convert in time, they may face losses. All investors are kindly requested to pay attention to investment 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 Bonds" (25.50 yuan/share), which is 33.15 yuan/share, for at least fifteen trading days within any thirty consecutive trading days. 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 Bonds" has been triggered.