Announcement on the Maturity Redemption and Delisting of Wanqing Convertible Bonds

Announcement on the Maturity Redemption and Delisting of Wanqing Convertible Bonds

Securities Code: 000789
Securities Abbreviation: Wanqing
Announcement No.: 2026-27
Bond Code: 127017
Bond Abbreviation: Wanqing Convertible Bonds
Bond Code: 524330
Bond Abbreviation: 25 Jiangni

Jiangxi Wanqing Cement Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Special Reminder:

1. Maturity date and redemption registration date of "Wanqing Convertible Bonds": June 2, 2026
2. Maturity redemption price of "Wanqing Convertible Bonds": RMB 113 per bond (including tax and last interest payment), with an expected actual distribution amount of RMB 112.54 per bond (after tax).
3. Redemption fund distribution date for "Wanqing Convertible Bonds": June 3, 2026
4. Last trading day for "Wanqing Convertible Bonds": May 28, 2026
5. Trading suspension date for "Wanqing Convertible Bonds": May 29, 2026
6. Last conversion date for "Wanqing Convertible Bonds": June 2, 2026
7. Delisting date for "Wanqing Convertible Bonds": June 3, 2026
8. Any "Wanqing Convertible Bonds" that have not been converted by the close of trading on June 2, 2026, will be forcibly redeemed; following this redemption, "Wanqing Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders are reminded to convert their bonds during the conversion period.
9. After trading suspension and before the end of the conversion period (from May 29, 2026, to June 2, 2026), holders of "Wanqing Convertible Bonds" can still convert their bonds into company stock under the agreed conditions, with the current conversion price at RMB 8.53 per share.

Basic Information on "Wanqing Convertible Bonds"

1. Issuance of Convertible Bonds
   Approved by the China Securities Regulatory Commission in the document "Approval for Jiangxi Wanqing Cement Co., Ltd. to Publicly Issue Convertible Corporate Bonds" (Zheng Jian Xu Ke [2020] No. 601), Jiangxi Wanqing Cement Co., Ltd. publicly issued 10 million convertible corporate bonds (hereinafter referred to as "Convertible Bonds") on June 3, 2020, with a par value of RMB 100.00 per bond, totaling RMB 1 billion.

2. Listing of Convertible Bonds
   Approved by the Shenzhen Stock Exchange in document "Shenzhen Shen Shang [2020] No. 548", the company's RMB 1 billion convertible bonds were listed for trading on the Shenzhen Stock Exchange starting July 2, 2020, under the abbreviation "Wanqing Convertible Bonds" and bond code "127017".