300231SZSE
🚨 Material Event

Announcement on the Maturity Redemption and Delisting of Yinxin Convertible Bonds

✨ AI Summary

Beijing Yinxin Changyuan Technology Co., Ltd. announces the maturity redemption and delisting of its convertible bonds ("Yinxin Convertible Bonds"). The bonds will mature on July 14, 2026, with a redemption price of RMB 118 per bond. The last trading day is July 9, 2026, and the delisting date is July 15, 2026. Holders can convert bonds to shares until July 14, 2026.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300231

Bond Code: 123059

Securities Abbreviation: Yinxin Technology

Bond Abbreviation: Yinxin Convertible Bond

Announcement No.: 2026-029

Beijing Yinxin Changyuan Technology Co., Ltd.

Announcement on the Maturity Redemption and Delisting of Yinxin Convertible Bonds

The Company and all members of the 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 Reminder:

  1. Maturity Date and Redemption Registration Date of "Yinxin Convertible Bond": July 14, 2026

  2. Redemption Price of "Yinxin Convertible Bond": RMB 118 per bond (including tax and the last interest payment)

  3. Fund Disbursement Date for Redemption of "Yinxin Convertible Bond": July 15, 2026

  4. Last Trading Day of "Yinxin Convertible Bond": July 9, 2026

  5. Trading Suspension Date of "Yinxin Convertible Bond": July 10, 2026

  6. Last Conversion Date of "Yinxin Convertible Bond": July 14, 2026

  7. Delisting Date of "Yinxin Convertible Bond": July 15, 2026

  8. "Yinxin Convertible Bonds" that have not been converted by the close of trading on July 14, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Yinxin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders of "Yinxin Convertible Bonds" are hereby reminded to convert their bonds during the conversion period.

  9. After the trading suspension and before the end of the conversion period (i.e., from July 10, 2026, to July 14, 2026), holders of "Yinxin Convertible Bonds" can still convert "Yinxin Convertible Bonds" into company shares according to the agreed terms. The current conversion price is RMB 9.00 per share.

I. Basic Information of "Yinxin Convertible Bond"

(I) Issuance of Convertible Bonds

Approved by the China Securities Regulatory Commission's "Approval on the Public Offering of Convertible Corporate Bonds by Beijing Yinxin Changyuan Technology Co., Ltd." (Zhengjian Xu Ke [2020] No. 1015), Beijing Yinxin Changyuan Technology Co., Ltd. publicly issued 3.914 million convertible corporate bonds on July 15, 2020. Each bond has a face value of RMB 100, and the total issuance amount is RMB 391.40 million. The issuance method adopted priority allocation to existing shareholders registered at the close of trading on the ex-rights registration date. The remaining portion after the priority allocation to existing shareholders (including the portion abandoned by existing shareholders) was issued to the public investors through the Shenzhen Stock Exchange trading system online. The portion of the subscription amount that was less than RMB 391.40 million was underwritten by the sponsor (lead underwriter).

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.