300424SZSE
🚨 Material Event

Announcement on Early Redemption of Hangxin Convertible Bonds and Upcoming Trading Suspension

Hangxin Technology Co., Ltd.··8 pages

✨ AI Summary

Guangzhou Hangxin Aviation Technology Co., Ltd. announces the early redemption of its convertible bonds ("Hangxin Convertible Bonds") due to meeting specific conditions. The last trading day is July 2, 2026, and the last conversion day is July 7, 2026. Unconverted bonds will be redeemed at 102.885 yuan per bond, potentially leading to investor losses.

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Full Translation

AI Translation· gemini_document

Securities Code: 300424

Bond Code: 123061

Securities Abbreviation: Hangxin Technology

Bond Abbreviation: Hangxin Convertible Bond

Announcement Number: 2026-177

Guangzhou Hangxin Aviation Technology Co., Ltd.

Announcement on Early Redemption of Hangxin Convertible Bonds and Upcoming Trading Suspension

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, without false records, misleading statements, or significant omissions.

Important Information Reminder:

  1. Last Trading Day for Convertible Bonds: July 2, 2026

July 2, 2026, is the last trading day for "Hangxin Convertible Bonds." On this day, "Hangxin Convertible Bonds" will be abbreviated as "Z Convertible Bonds." After the market closes on July 2, 2026, "Hangxin Convertible Bonds" will be suspended from trading.

  1. Last Conversion Day for Convertible Bonds: July 7, 2026

July 7, 2026, is the last conversion day for "Hangxin Convertible Bonds." Investors holding "Hangxin Convertible Bonds" can still convert them into shares before the market closes on this day. After the market closes on July 7, 2026, unconverted "Hangxin Convertible Bonds" will cease to be convertible, and the remaining "Hangxin Convertible Bonds" will be mandatorily redeemed at a price of 102.885 yuan per bond. Investors may face losses if their bonds are mandatorily redeemed.

As of the close of trading on June 30, 2026, there are only 2 trading days left until the "Hangxin Convertible Bonds" trading suspension date (July 3, 2026), and only 5 trading days left until the "Hangxin Convertible Bonds" conversion suspension date (July 8, 2026).

  1. Bondholders wishing to convert must have opened 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 hereby reminded to pay attention to the risk of not being able to convert.

  2. Holders of "Hangxin Convertible Bonds" are specially reminded to convert within the deadline.

Special Reminder:

  1. Convertible Bond Redemption Date: July 8, 2026

  2. Convertible Bond Redemption Price: 102.885 yuan/bond (including interest and taxes)

  3. Convertible Bond Redemption Funds Arrival Date: July 15, 2026

  4. Convertible Bond Trading Suspension Date: July 3, 2026

  5. Convertible Bond Conversion Suspension Date: July 8, 2026

  6. Issuer's Redemption Funds Arrival Date: July 13, 2026

  7. Convertible Bond Redemption Condition Met Date: June 2, 2026

  8. Convertible Bond Redemption Registration Date: July 7, 2026

  9. Redemption Category: Full Redemption

  10. According to the arrangement, after the market closes on July 7, 2026, any "Hangxin Convertible Bonds" that have not been converted will be mandatorily redeemed. Holders of "Hangxin Convertible Bonds" are reminded to convert within the deadline. After 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.

  11. Bondholders wishing to convert must have opened 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 hereby 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, any "Hangxin Convertible Bonds" that have not been converted will be mandatorily redeemed at a price of 102.885 yuan per bond. Holders of "Hangxin Convertible Bonds" are specially reminded to convert within the deadline. If investors fail to convert in time, 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

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