Securities Code: 300424
Bond Code: 123061
Securities Abbreviation: Hongxin Technology
Bond Abbreviation: Hongxin Convertible Bond
Announcement Number: 2026-184
Guangzhou Hongxin Aviation Science & Technology Co., Ltd.
Announcement on the Upcoming Cessation of Conversion and Final Trading Day Before Redemption of Hongxin Convertible Bonds
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 Prompt:
- Last Conversion Day for Convertible Bonds: July 7, 2026
July 7, 2026, is the last day for conversion of "Hongxin Convertible Bonds." Investors holding "Hongxin Convertible Bonds" can still convert them into shares before the market closes on this day. After the market closes on July 7, 2026, unconverted "Hongxin Convertible Bonds" will cease to be convertible and the remaining "Hongxin Convertible Bonds" will be compulsorily redeemed at a price of 102.885 yuan per bond. If compulsorily redeemed, investors may face losses.
As of the close of trading on July 6, 2026, there is only one trading day remaining until the cessation of conversion for "Hongxin Convertible Bonds" (July 8, 2026).
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Bondholders wishing to convert must have opened GEM trading permissions. Investors who do not meet the suitability management requirements for GEM stocks cannot convert their "Hongxin 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 "Hongxin Convertible Bonds" to convert within the deadline.
Special Reminder:
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Redemption Date for Convertible Bonds: July 8, 2026
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Redemption Price of Convertible Bonds: 102.885 yuan/share (including tax)
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Redemption Fund Source for Convertible Bonds: July 15, 2026
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Bond Trading Suspension Date: July 3, 2026
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Conversion Cessation Date: July 8, 2026
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Redemption Condition Fulfillment Date: June 02, 2026
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Redemption Registration Date: July 07, 2026
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Bond Category: All Bonds
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Subsequent to the market close on July 7, 2026, any unconverted "Hongxin Convertible Bonds" will be compulsorily redeemed. Holders of "Hongxin Convertible Bonds" are reminded to pay attention to the redemption matters. After this redemption, "Hongxin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange.
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Investors holding convertible bonds and wishing to convert must have opened GEM trading permissions. Investors who do not meet the suitability management requirements for GEM stocks cannot convert their "Hongxin 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 "Hongxin Convertible Bonds" will be compulsorily redeemed at a price of 102.885 yuan per bond. Holders of "Hongxin Convertible Bonds" are specially reminded to convert within the deadline. If investors do not convert in time, they may face losses. Investors are requested to pay attention to investment risks.
Guangzhou Hongxin Aviation Science & Technology Co., Ltd. (hereinafter referred to as the "Company") stock has been continuously trading for more than thirty consecutive trading days from May 11, 2026, to June 02, 2026, with the closing price not less than 130% of the current conversion price (14.82 yuan/share), which is 19.27 yuan/share. According to the conditional redemption clause in the "Prospectus," the "Hongxin Convertible Bonds" have triggered the conditional redemption clause.
The Company convened the 19th meeting of the Sixth Board of Directors on June 02, 2026, and deliberated and approved the "Proposal on Early Redemption of 'Hongxin 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 "Hongxin Convertible Bonds" and has authorized the management to handle the subsequent redemption matters of "Hongxin Convertible Bonds." The relevant matters of early redemption of "Hongxin Convertible Bonds" are hereby announced as follows: