Yubang New Materials: Yubang Convertible Bonds are expected to trigger redemption conditions

date
04/03/2026
Yubang New Materials announced that the company's stock price has closed at least 130% of the current conversion price of "Yubang Convertible Bonds" for 10 trading days from January 30, 2026 to March 4, 2026. If the company's stock price closes at least 130% of the current conversion price for at least 15 trading days in a continuous period of thirty trading days, it will trigger the conditional redemption clause of the "Yubang Convertible Bonds". The Board of Directors has the right to decide whether to redeem all or part of the unconverted convertible bonds at the price of the bond face value plus accrued interest.