Announcement on Not Lowering the Conversion Price of "Leizhi Convertible Bonds"
Securities Code: 002398 Bond Code: 127062 Securities Abbreviation: Leizhi Group Bond Abbreviation: Leizhi Convertible Bond Announcement No.: 2026-013
Leizhi Holdings Group Co., Ltd. Announcement on Not Lowering the Conversion Price of "Leizhi 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 significant omissions.
Special Reminder:
- As of March 18, 2026, the closing price of the company's stock has been below 85% of the current conversion price on 15 out of 30 consecutive trading days (from February 26, 2026, to March 18, 2026), triggering the condition for a downward adjustment of the conversion price.
- After deliberation and approval at the tenth meeting of the seventh Board of Directors, the Board of Directors has decided not to lower the conversion price of "Leizhi Convertible Bond" at this time. Starting from March 19, 2026, if the company's stock price triggers the downward adjustment clause for the "Leizhi Convertible Bond" conversion price again, the Board of Directors will convene another meeting to decide whether to exercise the right to lower the conversion price of "Leizhi Convertible Bond."
Leizhi Holdings Group Co., Ltd. (hereinafter referred to as the "Company") held the tenth meeting of the seventh Board of Directors on March 18, 2026, and approved the "Proposal on Not Lowering the Conversion Price of 'Leizhi Convertible Bond'." The details are as follows: