Huamao Technology(603306.SH): Do not redeem the "Huamao Convertible Bond" early

NightAirdropper · 2026-03-27T23:28:11+00:00

Huamao Technology announced that its "Huamao Convertible Bonds" have triggered the redemption clause, but the board will decide not to redeem early at the March 26, 2026 meeting, and will not exercise the redemption right within the next three months. Afterwards, the decision to exercise the right will be made based on the circumstances.

NightAirdropper

2026-03-27 23:28:11

Abstract generation in progress

Gelonghui, March 26 – Huamao Technology (603306.SH) announced that its stock has had a closing price not lower than 130% of the current conversion price (i.e., 43.86 yuan/share) for 15 trading days from March 6, 2026, to March 26, 2026, which has triggered the conditional redemption clause of the “Huamao Convertible Bonds.”

On March 26, 2026, the company held its second extraordinary board meeting of 2026, where it reviewed and approved the proposal regarding the non-early redemption of the “Huamao Convertible Bonds,” deciding not to exercise the early redemption rights of the “Huamao Convertible Bonds.”

In the next three months (i.e., from March 27, 2026, to June 26, 2026), if the redemption clause of the “Huamao Convertible Bonds” is triggered again, the company will not exercise the early redemption rights of the “Huamao Convertible Bonds.” Starting from the first trading day after June 26, 2026, if the “Huamao Convertible Bonds” triggers the redemption clause again, the company’s board will hold another meeting to decide whether to exercise the early redemption rights of the “Huamao Convertible Bonds.”

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