Announcement Number: 2026-151 Stock Code: 300424 Stock Abbreviation: Hangxin Technology Bond Code: 123061 Bond Abbreviation: Hangxin Convertible Bond
Guangzhou Hangxin Aviation Technology Co., Ltd. First Reminder 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 herein, without any false records, misleading statements, or significant omissions.
Special Reminder:
- Convertible bond redemption date: July 8, 2026
- Convertible bond redemption price: 102.885 yuan/bond (including interest and taxes)
- 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 met date: June 2, 2026
- Convertible bond redemption 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 "Hangxin Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to unfreeze them before the conversion suspension date to avoid mandatory redemption due to inability to convert.
- Bondholders who convert their bonds need to open an account for GEM trading. 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: "Hangxin Convertible Bonds" that have not been converted into shares by the close of trading on July 7, 2026, will be mandatorily redeemed at a price of 102.885 yuan/bond. As the current secondary market price of "Hangxin Convertible Bonds" differs significantly from the redemption price, bondholders are specially reminded to pay attention to converting 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") stock has met the condition for the past thirty consecutive trading days, with at least fifteen trading days having closing prices not lower than 130% of the current conversion price (14.82 yuan/share) (including 130%, i.e., 19.27 yuan/share) from May 11, 2026, to June 2, 2026. 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 19th meeting of the 6th Board of Directors on June 2, 2026, and deliberated and approved the "Proposal on Early Redemption of 'Hangxin Convertible Bonds'". Considering the current market and the Company's actual situation, after careful consideration, the Board of Directors decided to exercise the early redemption right of "Hangxin Convertible Bonds" and authorized the Company's management to handle the subsequent redemption matters of "Hangxin Convertible Bonds". The relevant matters of the early redemption of "Hangxin Convertible Bonds" are hereby announced as follows:
I. Basic Information of "Hangxin Convertible Bonds"