003004SZSE

Announcement on Not Redeeming Convertible Bonds in Advance

*ST Shengxun Co., Ltd.··4 pages

✨ AI Summary

This announcement informs that from May 8 to May 29, 2026, the company will not redeem its convertible bonds in advance. The initial conversion price is set at 28.94 yuan per share, with a minimum trading price of 130% of the current conversion price. The company will also hold a meeting on May 29, 2026, to discuss related matters.

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Full Translation

AI Translation· azure_openai

Special Notice:

  1. From May 8, 2026, to May 29, 2026, Beijing Saintrun Electronics Co., Ltd. (hereinafter referred to as "the Company") will not redeem its convertible bonds in advance. The initial conversion price is set at 28.94 yuan per share (130% of 21.62 yuan), based on the current market price of the Company's shares.

  2. The Company will hold the third extraordinary general meeting of shareholders on May 29, 2026, to discuss the proposal regarding the non-early redemption of the "Convertible Bonds." The Company will also determine the relevant matters regarding the early redemption rights.

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