Announcement Details
- Securities Code: 300424
- Securities Abbreviation: Hangxin Technology
- Announcement Number: 2026-156
- Bond Code: 123061
- Bond Abbreviation: Hangxin Convertible Bonds
Special Reminder:
- Redemption Date: July 8, 2026
- Redemption Price: 102.885 CNY per bond (including interest and tax)
- Funds Arrival Date: July 15, 2026
- Last Trading Day: July 3, 2026
- Last Conversion Day: July 8, 2026
- Issuer's Funds Arrival Date: July 13, 2026
- Redemption Condition Satisfaction Date: June 2, 2026
- Redemption Registration Date: July 7, 2026
- Redemption Type: Full Redemption
- As of the close of trading on July 7, 2026, any unconverted "Hangxin Convertible Bonds" will be forcibly redeemed. Bondholders are reminded to convert their bonds within the deadline. After this redemption, "Hangxin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. If any bonds are pledged or frozen, it is recommended to lift the pledge or freeze before the last conversion day to avoid forced redemption due to inability to convert.
- Bondholders wishing to convert must have trading permissions for the ChiNext board. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Hangxin Convertible Bonds" into stocks. The company and all members of the board guarantee the truthfulness, accuracy, and completeness of the information disclosed, with no false records, misleading statements, or significant omissions.
Risk Warning
Investors should pay attention to the risk of not being able to convert. Risk Warning: As of the close of trading on July 7, 2026, any unconverted "Hangxin Convertible Bonds" will be forcibly redeemed at a price of 102.885 CNY per bond. Due to the significant difference between the current secondary market price and the redemption price, bondholders are particularly reminded to convert their bonds within the deadline. Failure to convert in time may result in losses; investors are advised to be aware of investment risks.
Guangzhou Hangxin Aviation Technology Co., Ltd. (hereinafter referred to as "the Company") has met the condition of having at least fifteen trading days with closing prices not lower than 130% of the current conversion price (14.82 CNY/share) during the thirty trading days from May 11, 2026, to June 2, 2026. According to the relevant provisions of the "Prospectus for the Public Issuance of Convertible Corporate Bonds by Guangzhou Hangxin Aviation Technology Co., Ltd." (hereinafter referred to as "the Prospectus"), the conditional redemption clause has been triggered. The Company held the 19th meeting of the sixth board of directors on June 2, 2026, and approved the proposal for the early redemption of "Hangxin Convertible Bonds." Considering the current market and the actual situation of the Company, the board of directors decided to exercise the early redemption rights of "Hangxin Convertible Bonds" and authorized the management to handle the subsequent matters related to the redemption.