Announcement on the Adjustment of the Conversion Price of Convertible Bonds

✨ AI Summary

This announcement informs about the adjustment of the conversion price for the company's convertible bonds. The previous conversion price was 7.06 CNY per share, which has been adjusted to 6.96 CNY per share, effective June 4, 2026. This adjustment follows the company's annual profit distribution plan approved on April 24, 2026.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Zhejiang Shuangjian Rubber Co., Ltd. announces the adjustment of the conversion price of its convertible bonds. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

The conversion price of "Shuangjian Convertible Bonds" before this adjustment was: 7.06 CNY/share
The conversion price of "Shuangjian Convertible Bonds" after this adjustment is: 6.96 CNY/share
The effective date of this conversion price adjustment is: June 4, 2026

I. Relevant Regulations on the Adjustment of the Conversion Price of "Shuangjian Convertible Bonds"

According to the approval from the China Securities Regulatory Commission (CSRC) regarding the public issuance of convertible bonds by Zhejiang Shuangjian Rubber Co., Ltd. (Approval No. [2021] 3594), the company publicly issued 5,136,400 convertible bonds (Bond Code: 127054, Bond Abbreviation: "Shuangjian Convertible Bonds") on February 11, 2022. According to the prospectus and relevant regulations, when the company undergoes stock dividends, capital increases, new share issuances, rights issues, or cash dividends (excluding capital increases due to the conversion of these bonds), the conversion price will be adjusted according to the following formulas:

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.