环旭电子股份有限公司关于提前赎回“环旭转债”的公告

Core Viewpoint - The company, Huanxu Electronics, has triggered the conditional redemption of its convertible bonds due to the stock price exceeding the specified threshold, leading to a decision to redeem all outstanding bonds at face value plus accrued interest [2][6]. Group 1: Convertible Bond Issuance and Terms - Huanxu Electronics issued 34.5 million convertible bonds on March 4, 2021, with a total amount of RMB 345 million and a maturity period of six years [3]. - The bonds have a tiered interest rate structure, starting at 0.10% in the first year and increasing to 2.00% in the sixth year [3]. - The initial conversion price was set at RMB 20.25 per share, with the conversion period running from December 10, 2021, to March 3, 2027 [4]. Group 2: Redemption Conditions and Trigger - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 20 out of 30 trading days [6]. - As of January 7, 2026, the stock price has met the redemption trigger by closing above RMB 24.154 for the required period [2][6]. Group 3: Redemption Decision - On January 7, 2026, the company's board approved the early redemption of the convertible bonds, which will be executed at face value plus accrued interest [2][5]. - The management team has been authorized to handle all matters related to the redemption process [5]. Group 4: Shareholder Activity - Prior to the redemption conditions being met, there were no transactions involving the convertible bonds by major shareholders or company executives [7].