Announcement on the Impending Suspension of Conversion and Final Half Trading Day Before Redemption of Kolin Convertible Bonds

Securities Code: 002850

Bond Code: 127066

Securities Abbreviation: Keda Industrial

Bond Abbreviation: Kolin Convertible Bonds

Announcement No.: 2026-055

Shenzhen Keda Industrial Co., Ltd.

Announcement on the Impending Suspension of Conversion and Final Half Trading Day Before Redemption of Kolin Convertible Bonds

The Company and all members of 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 Prompt:

1. Last Conversion Day: June 12, 2026

June 12, 2026, is the last day for conversion of "Kolin Convertible Bonds." Investors holding "Kolin Convertible Bonds" can still convert them before the market closes on that day. After the market closes on June 12, 2026, unconverted "Kolin Convertible Bonds" will cease to be convertible and will be mandatorily redeemed at a price of 101.405 yuan per bond (including interest and taxes). If mandatorily redeemed, investors may face losses. Investors are kindly reminded to be aware of investment risks.

As of the morning market close on June 12, 2026, there is only half a trading day remaining until the suspension of conversion for "Kolin Convertible Bonds" (June 15, 2026). We hereby remind holders of "Kolin Convertible Bonds" to carefully read this announcement, fully understand the relevant risks, pay attention to the last conversion time, and make prudent investment decisions.

1. Holders of "Kolin Convertible Bonds" are reminded to convert within the specified period.

Special Reminders:

1. Convertible Bond Redemption Date: June 15, 2026

2. Convertible Bond Redemption Price: 101.405 yuan per bond (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 Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (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 Registration Date for Redemption: June 12, 2026

8. Issuer's Redemption Funds Arrival Date (Arrival at ChinaClear Shenzhen Branch Account): June 18, 2026

9. Redemption Category: Full Redemption

10. Last Trading Day Convertible Corporate Bond Abbreviation: Z Kolin Convertible Bonds

11. According to the arrangement, after the market closes on June 12, 2026, any unconverted "Kolin Convertible Bonds" will be mandatorily redeemed at a price of 101.405 yuan per bond (including interest and taxes). Upon completion of this redemption, "Kolin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. We hereby remind holders of "Kolin Convertible Bonds" to convert within the specified period. If the "Kolin 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 being mandatorily redeemed due to inability to convert.

12. Risk Warning: Due to the significant difference between the current secondary market price of "Kolin Convertible Bonds" and the redemption price, holders of "Kolin Convertible Bonds" are reminded to convert within the specified period. If investors fail to convert in time, they may face losses. Investors are kindly reminded to be aware of the 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 closing price being no less than 130% of the current conversion price of "Kolin Convertible Bonds" (i.e., 193.31 yuan/share) for at least fifteen trading days within any thirty consecutive trading days. According to the conditional redemption clause in the "Prospectus for the Public Issuance of Convertible Corporate Bonds by Shenzhen Keda Industrial Co., Ltd." (hereinafter referred to as the "Prospectus"), the conditional redemption terms for "Kolin Convertible Bonds" have been met.