Securities Code: 300424 Bond Code: 123061 Securities Abbreviation: Hangxin Technology Bond Abbreviation: Hangxin Convertible Bond Announcement Number: 2026-150
Guangzhou Hangxin Aviation Technology Co., Ltd. Announcement on Early Redemption of Hangxin 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 material omissions.
Special Notice:
- Convertible bond redemption date: July 8, 2026
- Convertible bond redemption price: 102.885 yuan/bond (including interest and tax)
- Convertible bond redemption funds arrival date: July 15, 2026
- Convertible bond trading suspension date: July 3, 2026
- Convertible bond conversion suspension date: July 8, 2026
- Issuer's redemption funds arrival date: July 13, 2026
- Convertible bond redemption condition fulfillment date: June 2, 2026
- Convertible bond registration date: July 7, 2026
- Redemption category: Full redemption
- According to the arrangement, "Hangxin Convertible Bonds" that have not been converted into shares by the close of trading on July 7, 2026, will be mandatorily redeemed. Bondholders are reminded to convert their bonds within the deadline. Upon completion of this redemption, "Hangxin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. If the convertible bonds held by bondholders are pledged or frozen, it is recommended to release the pledge or freeze before the conversion suspension date to avoid mandatory redemption due to inability to convert.
- If bondholders convert their bonds, they need to open GEM trading privileges. Investors who do not meet the suitability management requirements for GEM stocks cannot convert their "Hangxin Convertible Bonds" into shares.
Investors are specially reminded to pay attention to the risk of not being able to convert. Risk Warning: As of the close of trading on July 7, 2026, "Hangxin Convertible Bonds" that have not been converted into shares will be mandatorily redeemed at a price of 102.885 yuan/bond. Due to the significant difference between the current secondary market price of "Hangxin Convertible Bonds" and the redemption price, "Hangxin Convertible Bonds" holders are specially reminded to convert their bonds within the deadline. If investors fail to convert their bonds in a timely manner, they may face losses. Investors are kindly requested to pay attention to investment risks.
Guangzhou Hangxin Aviation Technology Co., Ltd. (hereinafter referred to as the "Company") shares have met the condition of the closing price being no less than 130% of the current conversion price (14.82 yuan/share) for at least fifteen trading days within any consecutive thirty trading days from May 11, 2026, to June 2, 2026 (including 130%, i.e., 19.27 yuan/share). According to the conditional redemption clause in the "Prospectus for the Issuance of Convertible Corporate Bonds by Guangzhou Hangxin Aviation Technology Co., Ltd. to Unspecified Targets" (hereinafter referred to as the "Prospectus"), the conditional redemption clause of "Hangxin Convertible Bonds" has been triggered.
The Company held the nineteenth meeting of the sixth Board of Directors on June 2, 2026, and reviewed and approved the "Proposal on Early Redemption of 'Hangxin Convertible Bonds'". Based on the current market and the Company's actual situation, after careful consideration, the Board of Directors has decided to exercise the early redemption right of "Hangxin Convertible Bonds" and has authorized the Company's management to be responsible for subsequent redemption matters related to "Hangxin Convertible Bonds". The relevant matters of the early redemption of "Hangxin Convertible Bonds" are hereby announced as follows: