Suzhou Huaya Intelligent Technology Co., Ltd.
Notice of Early Redemption of Huaya Convertible Bonds (Ninth Notice)
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Special Notice:
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Redemption Date for Convertible Bonds: July 9, 2026
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Redemption Price for Convertible Bonds: 101.011 RMB per bond (including interest and taxes). The redemption price after tax will be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "CSDC").
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Trading Suspension Date: July 6, 2026
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Conversion Suspension Date: July 9, 2026
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Redemption Funds Arrival Date (Bondholder Account): July 16, 2026
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Arrangement: As of the close of trading on July 8, 2026, any Huaya Convertible Bonds not yet converted will be mandatorily redeemed. Bondholders are reminded to convert their bonds within the specified period.
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Risk Warning: The redemption price of "Huaya Convertible Bonds" may differ significantly from its market price before the trading and conversion suspension. 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, Suzhou Huaya Intelligent Technology Co., Ltd. reviewed and approved the "Proposal on Early Redemption of Huaya Convertible Bonds" at the fourth meeting of the fourth Board of Directors. The Board of Directors has decided to exercise the early redemption right for "Huaya Convertible Bonds" and has authorized management to handle related matters. The relevant details 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 the Public Issuance of Convertible Corporate Bonds by Suzhou Huaya Intelligent Technology Co., Ltd." (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, totaling 340,000,000 RMB.
(2) Listing of Convertible Corporate Bonds
As per the Shenzhen Stock Exchange's document "Shenzhen Listing [2023] No. 14," the Company's convertible corporate bonds totaling 340,000,000 RMB were listed and traded on the Shenzhen Stock Exchange on January 16, 2023, with the bond name "Huaya Convertible Bonds" and bond code "127079."
(3) Conversion Period for 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 period (December 22, 2022), which is June 22, 2023, and ends on the maturity date of the convertible bonds (December 15, 2028). If this date falls on a statutory holiday or rest day, it will be postponed to the first subsequent trading day. Interest payments during the postponed period will not accrue additional interest.
Note: The original start date for the conversion period of convertible corporate bonds was set 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 for Convertible Corporate Bonds
The initial conversion price for the convertible corporate bonds issued was 69.39 RMB per share. This price was not lower than the average trading price of the Company's A-shares for the twenty trading days prior to the announcement of the prospectus and the trading price of the Company's A-shares on the previous trading day.
In accordance with 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 Bonds" was adjusted from 69.39 RMB per share to 68.99 RMB per share. The calculation is as follows: P1 = P0 - D = 69.39 - 0.4 = 68.99 RMB per share. The adjusted conversion price became effective on June 6, 2023 (ex-rights and ex-dividend date).