002468SZSE
🚨 Material Event

Announcement on Termination of Issuance of Convertible Bonds to Unspecified Objects and Withdrawal of Application Documents

STO Express Co., Ltd.··2 pages

✨ AI Summary

STO Express announced the termination of its plan to issue convertible bonds to unspecified objects and the withdrawal of its application. This decision was made following an investigation into its subsidiary, STO Express Co., Ltd., for alleged safety violations. The company believes this termination will not materially impact its operations or financial stability.

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STO Express

Securities Code: 002468

Securities Abbreviation: STO Express

Announcement No.: 2026-079

STO Express Co., Ltd. Announcement on Termination of Issuance of Convertible Bonds to Unspecified Objects and Withdrawal of Application Documents

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 representations, misleading statements, or material omissions.

STO Express Co., Ltd. (hereinafter referred to as the "Company") held the 22nd meeting of the Sixth Board of Directors on August 4, 2026, which deliberated and approved the "Proposal on Terminating the Issuance of Convertible Bonds to Unspecified Objects and Withdrawing Application Documents." The Company agreed to terminate the issuance of convertible bonds to unspecified objects and apply to the Shenzhen Stock Exchange (hereinafter referred to as the "SZSE") to withdraw the relevant application documents. The Company's third extraordinary general meeting of shareholders in 2026 authorized the Board of Directors to fully handle the specific matters related to the issuance of convertible bonds to unspecified objects, so this proposal does not need to be submitted to the shareholders' meeting for deliberation. The specific content is announced as follows:

I. Basic Information on the Issuance of Convertible Bonds to Unspecified Objects

The Company held the 17th meeting of the Sixth Board of Directors on March 16, 2026, which deliberated and approved the relevant proposals for the issuance of convertible bonds to unspecified objects. For specific content, please refer to the relevant announcement disclosed by the Company on the CNINFO website (www.cninfo.com.cn) on March 17, 2026.

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