Announcement on the Early Redemption of "Jiemei Convertible Bonds"
Special Reminder:
- Redemption Date: June 23, 2026
- Redemption Price: 101.266 yuan per bond (including interest and tax)
- Funds Arrival Date: June 30, 2026
- Last Trading Day: June 17, 2026
- Last Conversion Day: June 23, 2026
- Conditions for Redemption Satisfaction Date: May 29, 2026
- Redemption Registration Date: June 22, 2026
- Issuer's Funds Arrival Date (to China Clearing Account): June 26, 2026
- Redemption Type: Full Redemption
- Last Trading Day Convertible Bond Abbreviation: Z Meizhuan
- According to the arrangement, "Jiemei Convertible Bonds" that have not been converted by the close of trading on June 22, 2026, will be forcibly redeemed. After this redemption, "Jiemei Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders are reminded to convert their bonds within the specified period. If any "Jiemei Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to lift the pledge or freeze before the last conversion day to avoid being redeemed due to inability to convert.
- Risk Reminder: Due to the significant difference between the current secondary market price of "Jiemei Convertible Bonds" and the redemption price, bondholders are reminded to convert their bonds within the specified period. Failure to convert in time may result in losses; investors are advised to pay attention to risks.
Zhejiang Jiemei Electronics Technology Co., Ltd. (hereinafter referred to as "the Company") held the sixth meeting of the fifth board of directors on May 29, 2026, and approved the proposal on the early redemption of "Jiemei Convertible Bonds." The board guarantees that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Considering the current market and the company's situation, the board of directors has decided to exercise the early redemption rights of "Jiemei Convertible Bonds" in accordance with the relevant provisions of the "Self-Regulatory Guidelines No. 15 for Listed Companies on the Shenzhen Stock Exchange - Convertible Bonds" and the conditional redemption clauses in the "Prospectus for the Public Issuance of Convertible Bonds by Zhejiang Jiemei Electronics Technology Co., Ltd." (hereinafter referred to as "the Prospectus"), and has authorized the management and relevant departments to be responsible for all matters related to the subsequent redemption of "Jiemei Convertible Bonds." The relevant matters are announced as follows:
1. Basic Information of "Jiemei Convertible Bonds"
(1) Issuance of Convertible Bonds
Approved by the China Securities Regulatory Commission with document "Zheng Jian Xu Ke [2020] No. 2323," Zhejiang Jiemei Electronics Technology Co., Ltd. publicly issued 6 million convertible bonds on November 4, 2020, with a face value of 100 yuan each, totaling 600 million yuan.
(2) Listing of Convertible Bonds
With the approval of the Shenzhen Stock Exchange under document "Shenzhen Shen [2020] No. 1167," the company's 600 million yuan convertible bonds were listed for trading on the Shenzhen Stock Exchange starting December 1, 2020, under the abbreviation "Jiemei Convertible Bonds" and bond code "128137."
(3) Conversion Period of Convertible Bonds
According to the "Prospectus for the Public Issuance of Convertible Bonds by Zhejiang Jiemei Electronics Technology Co., Ltd.," the conversion period for the issued convertible bonds is from the first trading day after the end of the issuance period (November 10, 2020) until the maturity date of the convertible bonds (November 3, 2026).