Securities Code: 002698 Bond Code: 127072 Securities Abbreviation: Boshi Shares Bond Abbreviation: Boshi Convertible Bond Announcement No.: 2026-022
Harbin Boshi Automation Co., Ltd. Announcement on the Anticipated Triggering of the Downward Adjustment Clause for the Conversion Price of Boshi Convertible Bonds
The Company and the Board of Directors of the Company guarantee the truthfulness, accuracy, and completeness of the contents of this announcement, and that there are no false records, misleading statements, or major omissions.
Special Reminder:
- Securities Code: 002698 Securities Abbreviation: Boshi Shares
- Bond Code: 127072 Bond Abbreviation: Boshi Convertible Bond
- Conversion Price: RMB 15.06 per share
- Conversion Period: March 28, 2023 to September 21, 2028
- From April 30, 2026 to June 10, 2026, the closing price of Harbin Boshi Automation Co., Ltd. (hereinafter referred to as the "Company") stock has been lower than 85% of the current conversion price for 10 trading days. If the stock price continues to be lower than 85% of the current conversion price, it is expected that the downward adjustment condition for the conversion price of "Boshi Convertible Bond" may be triggered. If the condition is triggered, the Company will convene a board meeting on the day the condition is triggered to deliberate on the proposal to adjust the conversion price and fulfill information disclosure obligations in a timely manner.
I. Overview of Convertible Bond Issuance and Listing (I) Convertible Bond Issuance Approved by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") with the "Zhengjian Xuke [2022] No. 2035" document, the Company publicly issued 4.5 million convertible corporate bonds to the public on September 22, 2022. Each bond has a face value of RMB 100, with a total issuance amount of RMB 450 million. The term of the bonds is 6 years from the date of issuance. (II) Convertible Bond Listing Approved by the Shenzhen Stock Exchange (hereinafter referred to as the "SZSE") with the "Shenzhen Shang [2022] No. 1024" document, the Company's RMB 450 million convertible corporate bonds were listed and traded on the SZSE from November 3, 2022. The bond abbreviation is "Boshi Convertible Bond", and the bond code is "127072".