Yongguan New Materials: Tenth Advisory Notice on the Implementation of "Yong 22 Convertible Bond" Redemption and Delisting

Securities Daily Net News: On April 6, Yunguan New Materials released an announcement stating that as of after the close of trading on April 3, 2026, there are only 11 trading days left until April 21 (“Yong 22 Convertible Bonds” last conversion date). April 21 is the last conversion date for “Yong 22 Convertible Bonds.” After the completion of this early redemption, “Yong 22 Convertible Bonds” will be delisted on the Shanghai Stock Exchange starting April 22, 2026. Holders of “Yong 22 Convertible Bonds” can, in addition to continuing to trade through the secondary market or converting at the conversion price of 16.50 yuan per share within the prescribed time limit, only choose to have the bonds forcibly redeemed at the face value price of 100 yuan per bond, plus the accrued interest for the current period (i.e., 101.1014 yuan per bond). If the bonds are forcibly redeemed, investors may face substantial investment losses. The company reminds holders of “Yong 22 Convertible Bonds” to convert or sell within the time limit.

(Edited by Ren Shibi)

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