003043SZSE
🚨 Material Event

Announcement on the Upcoming Suspension of Conversion and Early Redemption of Huaya Convertible Bonds

✨ AI Summary

Huaya Intelligent Technology Co., Ltd. announces the upcoming early redemption of its convertible bonds ("Huaya Convertible Bonds"). The last day to convert bonds into shares is July 8, 2026. Bonds not converted by this date will be redeemed at RMB 101.011 per bond. Investors are urged to convert or face potential losses.

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Full Translation

AI Translation· gemini_document

Stock Code: 003043

Bond Code: 127079

Stock Abbreviation: Huaya Intelligent

Bond Abbreviation: Huaya Convertible Bond

Announcement Number: 2026-082

Suzhou Huaya Intelligent Technology Co., Ltd.

Announcement Regarding the Upcoming Suspension of Conversion and 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 material omissions.

Important Reminders:

Last Conversion Day: July 8, 2026.

On July 6, 2026, "Huaya Convertible Bond" trading was suspended. After the market close on July 6, 2026, "Huaya Convertible Bond" had only 2 trading days left for conversion.

July 8, 2026, is the last conversion day for "Huaya Convertible Bond". Investors holding "Huaya Convertible Bond" can still convert them into shares before the market close on that day. After the market close on July 8, 2026, unconverted "Huaya Convertible Bonds" will cease to be convertible and will be mandatorily redeemed at RMB 101.011 per bond (including interest and taxes). Investors who do not convert in time may face significant losses.

The Company reminds investors to carefully read this announcement and pay attention to related risks.

Special Reminders:

  1. Bond Redemption Date: July 9, 2026

  2. Bond Redemption Price: RMB 101.011 per bond (including interest and taxes). The redemption price after tax deduction will be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "ChinaClear").

  3. Trading Suspension Date: July 6, 2026

  4. Conversion Suspension Date: July 9, 2026

  5. Redemption Funds Arrival Date (Holder's Account): July 16, 2026

  6. According to the arrangement, Huaya Convertible Bonds that remain unconverted after the market close on July 8, 2026, will be mandatorily redeemed. Huaya Convertible Bond holders are reminded to convert within the deadline.

  7. Risk Warning: The redemption price of "Huaya Convertible Bond" in this instance may differ significantly from its market price before the suspension of trading and conversion. Investors who fail to convert in time may face losses. Please be aware of investment risks.

Suzhou Huaya Intelligent Technology Co., Ltd. passed the "Proposal on Early Redemption of Huaya Convertible Bonds" at the fourth meeting of the fourth board of directors on June 15, 2026. The board of directors decided to exercise the early redemption right of "Huaya Convertible Bond" and authorized management to handle relevant matters for this convertible bond redemption. The relevant matters are announced as follows:

I. Basic Information of Convertible Corporate Bonds

(1) Issuance of Convertible Corporate Bonds

Approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") in the "Approval on the Public Offering of Convertible Corporate Bonds by Suzhou Huaya Intelligent Technology Co., Ltd." document "ZJXK (2022) No. 2756", the Company publicly issued 3,400,000 convertible corporate bonds on December 16, 2022. Each bond has a face value of RMB 100, with a total issuance amount of RMB 340,000,000.

(2) Listing of Convertible Corporate Bonds

Approved by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") in document "SZSE Letter [2023] No. 14", the Company's convertible corporate bonds totaling RMB 340,000,000 were listed and traded on the SZSE from January 16, 2023. The bond abbreviation is "Huaya Convertible Bond" and the bond code is "127079".

(3) Conversion Period of Convertible Corporate Bonds

The conversion period for the convertible bonds issued in this instance shall commence from the first trading day six months after the end of the convertible bond issuance date (December 22, 2022), which is June 23, 2023, and end 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 working 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 June 22, 2023. Due to the Dragon Boat Festival holiday and the weekend, the actual start date was June 26, 2023.

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