Securities Code: 300424
Bond Code: 123061
Securities Abbreviation: Hangxin Technology
Bond Abbreviation: Hangxin Convertible Bond
Announcement Number: 2026-181
Guangzhou Hangxin Aviation Technology Co., Ltd.
Important Notice Regarding Early Redemption of Hangxin Convertible Bonds and Suspension of Conversion
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.
Key Information Highlights:
- Last Day for Convertible Bond Conversion: July 7, 2026
July 7, 2026, is the last day for "Hangxin Convertible Bonds" to be converted into shares. Investors holding "Hangxin Convertible Bonds" can still convert them before the market closes on that day. After the market closes on July 7, 2026, unconverted "Hangxin Convertible Bonds" will cease to be convertible. The remaining "Hangxin Convertible Bonds" will be mandatorily redeemed at a price of RMB 102.885 per bond. If mandatorily redeemed, investors may face losses.
As of the close of trading on July 2, 2026, there are only 3 trading days remaining until the "Hangxin Convertible Bonds" stop converting (July 8, 2026).
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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 of the risk of being unable to convert.
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Special reminder to holders of "Hangxin Convertible Bonds" to convert within the specified period.
Special Notice:
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Convertible Bond Redemption Date: July 8, 2026
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Convertible Bond Redemption Price: RMB 102.885 per bond (including interest and taxes)
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Convertible Bond Redemption Funds Arrival Date: July 15, 2026
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Convertible Bond Trading Suspension Date: July 3, 2026
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Convertible Bond Conversion Suspension Date: July 8, 2026
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Issuer's Redemption Funds Arrival Date: July 13, 2026
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Convertible Bond Redemption Condition Met Date: June 2, 2026
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Convertible Bond Redemption Registration Date: July 7, 2026
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Redemption Category: Full Redemption
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According to the arrangement, after the close of trading on July 7, 2026, any unconverted "Hangxin Convertible Bonds" will be mandatorily redeemed. Holders of "Hangxin Convertible Bonds" are reminded to convert within the specified period. After this redemption, "Hangxin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. For "Hangxin Convertible Bonds" that 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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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 of the risk of being unable to convert.
Risk Warning: As of the close of trading on July 7, 2026, any unconverted "Hangxin Convertible Bonds" will be mandatorily redeemed at a price of RMB 102.885 per bond. Holders of "Hangxin Convertible Bonds" are specially reminded to convert within the specified period. If investors fail to convert in a timely manner, they may face losses. Investors are requested to pay attention to investment risks.
Guangzhou Hangxin Aviation Technology Co., Ltd. (hereinafter referred to as the "Company") stock price has met the condition for continuous thirty trading days, with at least fifteen trading days having a closing price not lower than 130% of the current conversion price (RMB 14.82 per share) (including 130%, i.e., RMB 19.27 per share) from May 11, 2026, to June 2, 2026. According to the conditional redemption clause in the "Prospectus for the Offering of Convertible Corporate Bonds to Non-specific Targets by Guangzhou Hangxin Aviation Technology Co., Ltd. on the GEM" (hereinafter referred to as the "Prospectus"), the conditional redemption clause has been triggered.