Announcement on the Adjustment of Conversion Price for Convertible Bonds
Securities Code: 000823
Securities Abbreviation: Ultrasonic Electronics
Announcement Number: 2026-021
Bond Code: 127026
Bond Abbreviation: Ultrasonic Convertible Bonds
Guangdong Shantou Ultrasonic Electronics Co., Ltd. (the "Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Bond Code: 127026;
- Conversion price of "Ultrasonic Convertible Bonds" before adjustment: 12.22 yuan/share;
- Conversion price of "Ultrasonic Convertible Bonds" after adjustment: 12.02 yuan/share;
- Effective date of conversion price adjustment: May 12, 2026.
I. Relevant Provisions on the Adjustment of Conversion Price for Convertible Bonds
With the approval of the China Securities Regulatory Commission (CSRC) under "Zheng Jian Xu Ke [2020] No. 2781," the Company publicly issued 7 million convertible bonds with a face value of 100 yuan each on December 8, 2020, totaling 700 million yuan. The convertible bonds were approved for listing and trading on the Shenzhen Stock Exchange starting January 14, 2021, under the name "Ultrasonic Convertible Bonds" and code "127026."