Securities Code: 002398 Bond Code: 127062 Securities Abbreviation: Lei Zhi Group Bond Abbreviation: Lei Zhi Convertible Bond Announcement Number: 2026-009
Lei Zhi Holdings Group Co., Ltd. Announcement on Not Lowering the Conversion Price of "Lei Zhi Convertible Bonds"
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
Special Reminder:
- As of February 25, 2026, the Company's stock closing price has been below 85% of the current conversion price on 15 out of 30 consecutive trading days (from January 28, 2026, to February 25, 2026), triggering the condition for a downward adjustment of the conversion price.
- After deliberation and approval at the ninth meeting of the seventh Board of Directors, the Board has decided not to lower the conversion price of "Lei Zhi Convertible Bonds" at this time. Starting from February 26, 2026, if the Company's stock price triggers the downward adjustment clause for the "Lei Zhi Convertible Bonds" conversion price again, the Board will convene another meeting to decide whether to exercise the right to lower the conversion price.
Lei Zhi Holdings Group Co., Ltd. (hereinafter referred to as the "Company") held the ninth meeting of the seventh Board of Directors on February 25, 2026, and approved the "Proposal on Not Lowering the Conversion Price of 'Lei Zhi Convertible Bonds'". The details are as follows: