002135SZSE

Announcement on the Adjustment of Conversion Price for "Southeast Convertible Bonds"

✨ AI Summary

This announcement informs about the adjustment of the conversion price for the "Southeast Convertible Bonds" from RMB 5.60 to RMB 5.59 per share. The adjustment is effective from June 4, 2026, following the company's annual profit distribution plan. The adjustment is based on the company's decision to distribute cash dividends to shareholders.

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Full Translation

AI Translation· azure_openai

Announcement on the Adjustment of Conversion Price for "Southeast Convertible Bonds"

Securities Code: 002135
Securities Abbreviation: Southeast Network Frame
Announcement Number: 2026-052
Bond Code: 127103
Bond Abbreviation: Southeast Convertible Bonds

Zhejiang Southeast Network Frame Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Special Reminder:

  1. Bond Code: 127103
  2. Bond Abbreviation: Southeast Convertible Bonds
  3. Conversion Price Before Adjustment: RMB 5.60 per share
  4. Conversion Price After Adjustment: RMB 5.59 per share
  5. Effective Date of Conversion Price Adjustment: June 4, 2026

I. Relevant Provisions on the Adjustment of Conversion Price for Convertible Bonds

With the approval of the China Securities Regulatory Commission regarding the registration of Zhejiang Southeast Network Frame Co., Ltd. to issue convertible bonds to unspecified objects (Document No. [2023] 1845), the Company issued 20 million convertible bonds with a par value of RMB 100 each on January 3, 2024, totaling RMB 2 billion. With the approval of the Shenzhen Stock Exchange, the convertible bonds began trading on January 24, 2024, under the abbreviation "Southeast Convertible Bonds" and bond code "127103".

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