Securities Code: 300424
Bond Code: 123061
Securities Abbreviation: Hangxin Technology
Bond Abbreviation: Hangxin Convertible Bond
Announcement Number: 2026-183
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 significant 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 this 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. Investors may face losses if their bonds are mandatorily redeemed.
As of the close of trading on July 3, 2026, there are only 2 trading days left until the suspension of conversion for "Hangxin Convertible Bonds" (July 8, 2026).
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Bondholders who wish to convert must have opened 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 shares. Investors are particularly 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 deadline.
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, "Hangxin Convertible Bonds" that remain unconverted after the close of trading on July 7, 2026, 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.
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Bondholders who wish to convert must have opened 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 shares. Investors are particularly reminded of the risk of being unable to convert.
Risk Warning: As of the close of trading on July 7, 2026, "Hangxin Convertible Bonds" that remain unconverted 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 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 price has met the condition of being no less than 130% of the current conversion price (RMB 14.82 per share), which is RMB 19.27 per share (inclusive), for at least fifteen trading days within any thirty consecutive trading days 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 Unspecified Targets by Guangzhou Hangxin Aviation Technology Co., Ltd. on the ChiNext Market" (hereinafter referred to as the "Prospectus"), the conditional redemption clause of "Hangxin Convertible Bonds" has been triggered.