Stock Code: 003043 Bond Code: 127079 Stock Abbreviation: Huaya Intelligent Bond Abbreviation: Huaya Convertible Bond Announcement Number: 2026-062
Suzhou Huaya Intelligent Technology Co., Ltd. Fourth Notice of Early Redemption of Huaya Convertible Bonds
The Company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
Special Notice:
- Redemption Date for Convertible Bonds: July 9, 2026
- Redemption Price for Convertible Bonds: 101.011 RMB/bond (including interest and tax). The post-tax redemption price shall be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "CSDC").
- Trading Suspension Date: July 6, 2026
- Conversion Suspension Date: July 9, 2026
- Redemption Funds Arrival Date (for bondholder accounts): July 16, 2026
- According to the arrangement, any Huaya Convertible Bonds not converted into shares by the close of trading on July 8, 2026, will be mandatorily redeemed. Bondholders are reminded to convert their bonds within the specified period.
- Risk Warning: The redemption price of "Huaya Convertible Bonds" may differ significantly from its market price before the trading and conversion suspension dates. Investors who fail to convert their bonds in a timely manner may face losses. Investors are advised to pay attention to investment risks.
On June 15, 2026, the fourth meeting of the fourth board of directors of Suzhou Huaya Intelligent Technology Co., Ltd. deliberated and approved the "Proposal on Early Redemption of Huaya Convertible Bonds." The company's board of directors has decided to exercise the early redemption right of "Huaya Convertible Bonds" and has authorized management to handle related matters for this convertible bond redemption. The relevant matters are hereby announced as follows:
I. Basic Information of Convertible Corporate Bonds (1) Issuance of Convertible Corporate Bonds Approved by the China Securities Regulatory Commission's "Approval on Suzhou Huaya Intelligent Technology Co., Ltd.'s Public Offering of Convertible Corporate Bonds" (Document No. Zhengjian Xuke [2022] No. 2756), the company publicly issued 3,400,000 convertible corporate bonds on December 16, 2022, with a face value of 100 RMB per bond, for a total issuance amount of 340 million RMB.
(2) Listing of Convertible Corporate Bonds With the approval of the Shenzhen Stock Exchange's "Shenzhen Listing [2022] No. 14" document, the company's 340 million RMB convertible corporate bonds were listed and traded on the Shenzhen Stock Exchange on January 16, 2023, with the bond abbreviation "Huaya Convertible Bond" and bond code "127079."
(3) Conversion Period of Convertible Corporate Bonds The conversion period for the convertible bonds issued begins on the first trading day six months after the end of the convertible bond issuance date (December 22, 2022), which is June 22, 2023, and ends on the maturity date of the convertible bonds (December 15, 2028) (if it falls on a statutory holiday or rest day, it will be postponed to the first business day thereafter; interest payments during the postponed period will not be recalculated). Note: The original start date for the conversion period of convertible corporate bonds was scheduled for June 22, 2023. Due to the Dragon Boat Festival holiday and the weekend, the actual start date was June 26, 2023.
(4) Adjustment of Conversion Price of Convertible Corporate Bonds The initial conversion price of the convertible corporate bonds issued was 69.39 RMB/share. This price was not lower than the average closing price of the company's A-shares for the twenty trading days prior to the announcement of the prospectus and the average closing price of the company's A-shares for the immediately preceding trading day.
According to the profit distribution plan approved by the company's 2022 Annual General Meeting of Shareholders, a cash dividend of 0.4 RMB per share (including tax) was distributed. The conversion price of "Huaya Convertible Bond" was adjusted from 69.39 RMB/share to 68.99 RMB/share. The calculation process is as follows: P1 = P0 - D = 69.39 - 0.4 = 68.99 RMB/share. The adjusted conversion price became effective on June 6, 2023 (ex-rights and ex-dividend date).