301235SZSE
🚨 Material Event

Announcement on the Upcoming Cessation of Conversion and the Last Trading Day for Conversion of "Huayi Convertible Bonds"

Huakang Clean Co., Ltd.··6 pages

✨ AI Summary

This announcement informs holders of "Huayi Convertible Bonds" about the upcoming cessation of conversion and mandatory redemption. The last day to convert bonds into shares is July 28, 2026. Unconverted bonds will be redeemed at 100.24 yuan per bond on July 29, 2026. Holders are urged to convert within the deadline to avoid potential losses.

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Full Translation

AI Translation· gemini_document

Securities Code: 301235

Convertible Bond Code: 123251

Securities Abbreviation: Huakang Jie Jing

Convertible Bond Abbreviation: Huayi Convertible Bond

Announcement Number: 2026-085

Wuhan Huakang Century Clean Technology Co., Ltd.

Announcement on the Upcoming Cessation of Conversion and the Last Trading Day for Conversion of "Huayi 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 significant omissions.

Important Reminders:

  1. Last Day for Convertible Bond Conversion: July 28, 2026

July 28, 2026, is the last day for "Huayi Convertible Bond" conversion. Holders of "Huayi Convertible Bond" can still convert their bonds into shares before the market closes on this day. After the market closes on July 28, 2026, unconverted "Huayi Convertible Bonds" will cease to be convertible and will be mandatorily redeemed at a price of 100.24 yuan per bond (including interest and taxes). Holders may face losses if their bonds are mandatorily redeemed.

As of the close of trading on July 27, 2026, there is only one trading day remaining until the cessation of conversion for "Huayi Convertible Bond" (July 29, 2026).

  1. Bondholders wishing to convert must have opened an account for trading on the ChiNext market. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Huayi Convertible Bonds" into shares. Investors are hereby reminded of the risk of being unable to convert.

  2. Holders of "Huayi Convertible Bond" are specially reminded to convert their bonds within the deadline.

Special Reminders:

  1. Convertible Bond Redemption Date: July 29, 2026

  2. Convertible Bond Redemption Price: 100.24 yuan/bond (including interest and taxes)

  3. Convertible Bond Redemption Funds Arrival Date: August 5, 2026

  4. Convertible Bond Trading Suspension Date: July 24, 2026

  5. Convertible Bond Conversion Suspension Date: July 29, 2026

  6. Convertible Bond Redemption Condition Met Date: July 7, 2026

  7. Convertible Bond Redemption Registration Date: July 28, 2026

  8. Issuer's Redemption Funds Arrival Date (to China Securities Depository and Clearing Corporation account): August 3, 2026

  9. Redemption Category: Full Redemption

  10. According to the arrangement, "Huayi Convertible Bonds" that remain unconverted after the close of trading on July 28, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Huayi Convertible Bond" will be delisted from the Shenzhen Stock Exchange. Holders of "Huayi Convertible Bond" are reminded to convert their bonds within the deadline. If the "Huayi Convertible Bonds" held by holders are pledged or frozen, it is recommended to release the pledge or freeze before the conversion suspension date to avoid situations where conversion is impossible due to inability to convert, leading to mandatory redemption.

  11. Bondholders wishing to convert must have opened an account for trading on the ChiNext market. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Huayi Convertible Bonds" into shares. Investors are hereby reminded of the risk of being unable to convert.

  12. Risk Warning: Due to the significant difference between the current secondary market price of "Huayi Convertible Bond" and the redemption price, holders of "Huayi Convertible Bond" are reminded to convert their bonds within the deadline. If investors fail to convert their bonds in a timely manner, they may face losses. We kindly remind all investors to be aware of the risks.

I. Overview of Redemption

Wuhan Huakang Century Clean Technology Co., Ltd. (hereinafter referred to as the "Company" or "Huakang Jie Jing") has met the condition for a conditional redemption of "Huayi Convertible Bond" during the period from June 16, 2026, to July 7, 2026, where the closing price of the Company's stock was not less than 130% of the current conversion price of "Huayi Convertible Bond" (i.e., 28.912 yuan/share) for at least fifteen trading days within any thirty consecutive trading days. According to the conditional redemption clause in the Company's "Prospectus," the conditional redemption clause has been triggered.

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