301235SZSE
🚨 Material Event

Important Announcement Regarding the Impending Suspension of Conversion and Final Half Trading Day for "Huayi Convertible Bonds"

Huakang Clean Co., Ltd.··6 pages

✨ AI Summary

This announcement from Wuhan Huakang Century Purification Technology Co., Ltd. informs investors that the "Huayi Convertible Bonds" will cease conversion on July 28, 2026, with the last half trading day being July 28, 2026. Unconverted bonds will be mandatorily redeemed at 100.24 yuan per bond. Investors are urged to convert within the deadline to avoid potential losses due to the significant difference between market and redemption prices.

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Full Translation

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Securities Code: 301235

Convertible Bond Code: 123251

Securities Abbreviation: Huakang Purification

Convertible Bond Abbreviation: Huayi Convertible Bond

Announcement Number: 2026-086

Wuhan Huakang Century Purification Technology Co., Ltd.

Important Announcement Regarding the Impending Suspension of Conversion and Final Half Trading Day for "Huayi Convertible Bonds"

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Important Notice:

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

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

As of the morning market close on July 28, 2026, only half a trading day remains until the "Huayi Convertible Bonds" suspension of conversion date (July 29, 2026).

  1. If bondholders convert their bonds, they must have opened trading privileges for 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 particularly reminded of the risk of being unable to convert.

  2. Special reminder to holders of "Huayi Convertible Bonds" to convert within the deadline.

Special Notice:

  1. Redemption Date for Convertible Bonds: July 29, 2026

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

  3. Arrival Date of Redemption Funds for Convertible Bonds: August 5, 2026

  4. Trading Suspension Date for Convertible Bonds: July 24, 2026

  5. Conversion Suspension Date for Convertible Bonds: July 29, 2026

  6. Date of Fulfillment of Redemption Conditions for Convertible Bonds: July 7, 2026

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

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

  9. Redemption Category: Full Redemption

  10. According to the arrangements, "Huayi Convertible Bonds" that remain unconverted after the market close on July 28, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Huayi Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders of "Huayi Convertible Bonds" are reminded to convert within the deadline. If "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 and the bonds are mandatorily redeemed.

  11. If bondholders convert their bonds, they must have opened trading privileges for 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 particularly 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 Bonds" and the redemption price, holders of "Huayi Convertible Bonds" are reminded to convert within the deadline. Investors who fail to convert in a timely manner may face losses. We kindly remind all investors to be aware of the risks.

I. Overview of Redemption

Wuhan Huakang Century Purification Technology Co., Ltd. (hereinafter referred to as the "Company" or "Huakang Purification") has met the condition for a conditional redemption of "Huayi Convertible Bonds" 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 Bonds" (i.e., 28.912 yuan/share) for at least fifteen trading days within any thirty consecutive trading days. This has triggered the conditional redemption clause of "Huayi Convertible Bonds" in accordance with the relevant provisions of the Company's "Prospectus."

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