Securities Code: 002408
Bond Code: 128128
Securities Abbreviation: Qi Xiang Tengda
Bond Abbreviation: Qi Xiang Zhuan 2
Announcement No.: 2026-036
Zibo Qi Xiang Tengda Chemical Co., Ltd.
Announcement on the Maturity Redemption and Delisting of "Qi Xiang Zhuan 2"
The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Special Reminders:
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Maturity Date and Registration Date for Redemption of "Qi Xiang Zhuan 2": August 19, 2026
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Redemption Price of "Qi Xiang Zhuan 2": RMB 110 per unit (including tax and the final interest payment)
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Payment Date for Maturity Redemption of "Qi Xiang Zhuan 2": August 20, 2026
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Last Trading Day for "Qi Xiang Zhuan 2": August 14, 2026
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Trading Suspension Date for "Qi Xiang Zhuan 2": August 17, 2026
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Last Conversion Date for "Qi Xiang Zhuan 2": August 19, 2026
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Delisting Date for "Qi Xiang Zhuan 2": August 20, 2026
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"Qi Xiang Zhuan 2" that has not been converted into shares by the close of trading on August 19, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Qi Xiang Zhuan 2" will be delisted from the Shenzhen Stock Exchange. All holders of "Qi Xiang Zhuan 2" are hereby reminded to convert their bonds during the conversion period.
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After the trading suspension and before the end of the conversion period (i.e., from August 17, 2026, to August 19, 2026), holders of "Qi Xiang Zhuan 2" can still convert "Qi Xiang Zhuan 2" into company shares according to the agreed terms. The current conversion price is RMB 5.37 per share.
Zibo Qi Xiang Tengda Chemical Co., Ltd. (hereinafter referred to as the "Company") hereby announces the matters regarding the maturity redemption and delisting of "Qi Xiang Zhuan 2" (hereinafter referred to as "Qi Xiang Zhuan 2") in accordance with the "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 15 - Convertible Corporate Bonds," and the "Prospectus for the Public Offering of Convertible Corporate Bonds by Zibo Qi Xiang Tengda Chemical Co., Ltd." (hereinafter referred to as the "Prospectus"), as follows:
I. Basic Information on the Issuance and Listing of Convertible Bonds
(I) Issuance of Convertible Bonds
With the approval of the China Securities Regulatory Commission's document [2020]1342, the Company publicly issued 29.9 million convertible corporate bonds (hereinafter referred to as "convertible bonds") on August 20, 2020. Each bond has a face value of RMB 100, with a total issuance of RMB 2,990 million.
(II) Listing of Convertible Bonds
With the approval of the Shenzhen Stock Exchange's document "Shenzhen Stock Exchange [2020]835," the Company's RMB 2,990 million convertible bonds were listed and traded on the Shenzhen Stock Exchange starting from September 15, 2020. The bond abbreviat