Guanglian Aviation Industrial Co., Ltd. Twenty-First Reminder Announcement on Early Redemption of "Guanglian 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 major omissions.
Key Information Highlights:
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"Guanglian Convertible Bonds" Redemption Price: 100.96 yuan/share (bond face value plus accrued interest, current annual interest rate is 1.00%, including tax). The post-tax redemption price shall be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as ChinaClear).
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Condition Fulfillment Date for Redemption: January 16, 2026
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Trading Suspension Date: March 4, 2026
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Conversion Suspension Date: March 9, 2026
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Redemption Registration Date: March 6, 2026
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Redemption Date: March 9, 2026
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Issuer Fund Arrival Date (Arrival at ChinaClear Account): March 12, 2026
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Investor Redemption Fund Arrival Date: March 16, 2026
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Redemption Category: Full Redemption
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Last Trading Day Convertible Bond Short Name: Z Lian Zhuan Zhai
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According to the arrangement, "Guanglian Convertible Bonds" that have not been converted into shares by the close of trading on March 6, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Guanglian Convertible Bonds" will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as SZSE). Bondholders are specially reminded to convert their bonds within the deadline. If the "Guanglian Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to lift the pledge or freeze before the conversion suspension date to avoid situations where conversion is not possible and the bonds are redeemed.
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If bondholders convert their bonds, they need to open GEM trading privileges. Investors who do not meet the suitability management requirements for GEM stocks cannot convert their "Guanglian Convertible Bonds" into shares. Investors are specially reminded to pay attention to the risk of not being able to convert.
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Risk Warning: According to the arrangement, "Guanglian Convertible Bonds" that have not been converted into shares by the close of trading on March 6, 2026, will be mandatorily redeemed at a price of 100.96 yuan/share. As the current secondary market price of "Guanglian Convertible Bonds" differs significantly from the redemption price, bondholders are specially reminded to convert their bonds within the deadline. If investors fail to convert their bonds in a timely manner, they may face losses. Investors are requested to pay attention to investment risks.
From December 25, 2025, to January 16, 2026, the stock price of Guanglian Aviation Industrial Co., Ltd. (hereinafter referred to as the Company) met the condition of being no less than 130% of the current conversion price of "Guanglian Convertible Bonds" for at least fifteen trading days within any thirty consecutive trading days (including 130%, i.e., 29.69 yuan/share). This triggered the conditional redemption clause stipulated in the "Prospectus for the Offering of Convertible Corporate Bonds by Guanglian Aviation Industrial Co., Ltd. to Unspecified Targets" (hereinafter referred to as the "Prospectus").
On January 16, 2026, the Company convened the 19th meeting of the Fourth Board of Directors, which deliberated and approved the "Proposal on Early Redemption of 'Guanglian Convertible Bonds'". To reduce the Company's financial expenses and capital costs, optimize the Company's capital structure, and considering the current market and the Company's own situation, after careful consideration, the Company's Board of Directors agreed to exercise the early redemption right of "Guanglian Convertible Bonds" and authorized the Company's management to handle all subsequent matters related to the redemption of "Guanglian Convertible Bonds". The announcement regarding the early redemption of "Guanglian Convertible Bonds" is as follows: