Announcement on Early Redemption of "Keli Convertible Bonds" and Impending Cessation of Conversion

Securities Code: 002850 Bond Code: 127066 Securities Abbreviation: Keda Industrial Bond Abbreviation: Keli Convertible Bond Announcement Number: 2026-050

Shenzhen Keda Industrial Co., Ltd.

Announcement on Early Redemption of "Keli Convertible Bonds" and Impending Cessation of Conversion

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Key Information Highlights:

1. Last Conversion Date: June 12, 2026 June 12, 2026, is the last day for "Keli Convertible Bonds" to be converted into shares. Investors holding "Keli Convertible Bonds" can still convert them before the market closes on this day. After the market closes on June 12, 2026, any unconverted "Keli Convertible Bonds" will cease to be convertible and will be mandatorily redeemed at a price of 101.405 yuan/share (including interest and taxes). Investors may face losses if their bonds are mandatorily redeemed, so please pay attention to investment risks. As of the close of trading on June 9, 2026, there are only 3 trading days left until the cessation of conversion for "Keli Convertible Bonds" (June 15, 2026). Bondholders are strongly reminded to carefully read this announcement, fully understand the relevant risks, pay attention to the last conversion time, and make prudent investment decisions.
2. Bondholders of "Keli Convertible Bonds" are reminded to convert their bonds within the specified period.

Special Reminder:

1. Convertible Bond Redemption Date: June 15, 2026

2. Convertible Bond Redemption Price: 101.405 yuan/share (including current accrued interest, with a current annual interest rate of 1.5%, and current interest is tax-inclusive). The redemption price after tax deduction shall be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "ChinaClear Shenzhen Branch").

3. Convertible Bond Redemption Funds Arrival Date: June 23, 2026

4. Convertible Bond Trading Suspension Date: June 10, 2026

5. Convertible Bond Conversion Suspension Date: June 15, 2026

6. Convertible Bond Redemption Condition Met Date: May 18, 2026

7. Convertible Bond Redemption Registration Date: June 12, 2026

8. Issuer's Redemption Funds Arrival Date (to ChinaClear Shenzhen Branch account): June 15, 2026

9. Redemption Category: Full Redemption

10. Last Trading Day Convertible Bond Abbreviation: Z Keli Convertible Bond

11. According to the arrangement, after the market closes on June 12, 2026, any unconverted "Keli Convertible Bonds" will be mandatorily redeemed at a price of 101.405 yuan/share (including interest and taxes). After this redemption, "Keli Convertible Bonds" will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). Bondholders are reminded to convert their bonds within the specified period. If the "Keli Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to release the pledge or freeze before the conversion suspension date to avoid situations where bonds cannot be converted and are mandatorily redeemed.

12. Risk Warning: Due to the significant difference between the current secondary market price of "Keli Convertible Bonds" and the redemption price, bondholders are strongly reminded to convert their bonds within the specified period. If investors fail to convert their bonds in time, they may face losses. Investors are kindly requested to pay attention to investment risks.

From April 16, 2026, to May 18, 2026, the stock price of Shenzhen Keda Industrial Co., Ltd. (hereinafter referred to as "the Company") met the condition of having its closing price not lower than 130% of the current conversion price of "Keli Convertible Bonds" (i.e., 193.31 yuan/share) for at least fifteen trading days within any consecutive thirty trading days. According to the relevant provisions of the conditional redemption clause in the "Prospectus for Public Issuance of Convertible Corporate Bonds by Shenzhen Keda Industrial Co., Ltd." (hereinafter referred to as "Prospectus"), the conditional redemption clause for "Keli Convertible Bonds" has been met.