Securities Code: 300424 Securities Abbreviation: Hangxin Technology Announcement Number: 2026-169 Bond Code: 123061 Bond Abbreviation: Hangxin Convertible Bond
Guangzhou Hangxin Aviation Technology Co., Ltd. Fifteenth 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 there are no false records, misleading statements, or significant omissions.
Special Reminder:
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Redemption Date for Convertible Bonds: July 8, 2026
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Redemption Price for Convertible Bonds: 102.885 yuan/bond (including interest and tax)
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Arrival Date of Redemption Funds for Convertible Bonds: July 15, 2026
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Trading Suspension Date for Convertible Bonds: July 3, 2026
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Conversion Suspension Date for Convertible Bonds: July 8, 2026
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Arrival Date of Redemption Funds from Issuer for Convertible Bonds: July 13, 2026
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Condition Fulfillment Date for Redemption of Convertible Bonds: June 2, 2026
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Registration Date for Redemption of Convertible Bonds: July 7, 2026
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Redemption Category: Full Redemption
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According to the arrangement, "Hangxin Convertible Bonds" that have not been converted by the close of trading on July 7, 2026, will be mandatorily redeemed. Bondholders of "Hangxin Convertible Bonds" are specially reminded to convert their bonds within the time limit. 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 release the pledge or freeze before the conversion suspension date to avoid mandatory redemption due to inability to convert.
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If bondholders convert their bonds, they need to open trading privileges for the ChiNext market. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Hangxin Convertible Bonds" into stocks.
Investors are specially reminded to pay attention to the risk of not being able to convert. Risk Warning: By the close of trading on July 7, 2026, "Hangxin Convertible Bonds" that have not been converted 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 pay attention to converting their bonds within the time limit. 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 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 relevant provisions of 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 deliberated 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 handle the subsequent matters related to the redemption of "Hangxin Convertible Bonds". The relevant matters regarding the early redemption of "Hangxin Convertible Bonds" are hereby announced as follows:
I. Basic Information of "Hangxin Convertible Bonds"