Securities Code: 002475 Bond Code: 128136 Securities Abbreviation: Luxshare Precision Bond Abbreviation: Luxshare Convertible Bond Announcement Number: 2026-055
Luxshare Precision Industrial Co., Ltd.
Notice of Potential Redemption Condition for "Luxshare Convertible Bond"
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false statements, misleading representations, or material omissions.
Special Reminder:
From May 11, 2026, to June 2, 2026, the closing price of Luxshare Precision Industrial Co., Ltd. (hereinafter referred to as the "Company") stock has met or exceeded 130% of the current conversion price of "Luxshare Convertible Bond" (RMB 55.97/share), which is RMB 72.76/share, for 10 trading days.
If the conditional redemption clause of "Luxshare Convertible Bond" is triggered in the future, meaning if the Company's stock price closes at or above 130% of the current conversion price for at least 15 trading days within any consecutive 30 trading days during the conversion period, the Company's Board of Directors may decide to redeem all or part of the convertible corporate bonds that have not been converted at the bond's face value plus accrued interest, in accordance with the relevant provisions of the conditional redemption clause in the "Prospectus for Public Issuance of Convertible Corporate Bonds by Luxshare Precision Industrial Co., Ltd." (hereinafter referred to as the "Prospectus").
I. Issuance and Listing of Convertible Corporate Bonds
(I) Issuance of Convertible Corporate Bonds
Approved by the China Securities Regulatory Commission's "Approval for Luxshare Precision Industrial Co., Ltd. to Publicly Issue Convertible Corporate Bonds" (Zhengjian Permit [2020] No. 247), the Company publicly issued convertible corporate bonds totaling RMB 3,000,000,000.00. Each bond has a face value of RMB 100.00, totaling 30,000,000 bonds. The total amount raised was RMB 3,000,000,000.00. After deducting the underwriting and sponsorship fees of RMB 14,400,000.00 (including tax) paid to CITIC Securities Co., Ltd., the actual amount received from the subscription of convertible corporate bonds was RMB 2,985,600,000.00. After further deducting legal service fees, audit and capital verification fees, credit rating fees, information disclosure fees, and other expenses of RMB 1,671,669.82 (excluding tax), the net proceeds from this issuance were RMB 2,984,743,424.52.
(II) Listing of Convertible Corporate Bonds
Approved by the Shenzhen Stock Exchange's "Shenzhen Listing [2020] No. 1170" document, the Company's RMB 3,000,000,000.00 convertible corporate bonds were listed and traded on the Shenzhen Stock Exchange starting from December 2, 2020. The bond abbreviation is "Luxshare Convertible Bond" and the bond code is "128136".
(III) Conversion Period of Convertible Corporate Bonds
The conversion period begins on the first trading day six months after the issuance closing date (November 9, 2020), which is May 9, 2021, and ends on the maturity date of the convertible bonds (November 2, 2026). If the date falls on a statutory holiday or rest day, it will be postponed to the first subsequent business day. Interest payments during the postponed period will not be compounded.
(IV) History of Conversion Price Adjustments for Convertible Bonds