Securities Code and Name
- Securities Code: 002859
- Securities Abbreviation: Jiemei Technology
- Announcement Number: 2026-050
- Bond Code: 128137
- Bond Abbreviation: Jiemei Convertible Bonds
Special Reminder
- Redemption Date: June 23, 2026
- Redemption Price: 101.266 CNY per bond (including interest and tax).
- Redemption Funds Arrival Date: June 30, 2026.
- Last Trading Day: June 17, 2026.
- Last Day for Conversion: June 23, 2026.
- Conditions for Redemption Satisfaction Date: May 29, 2026.
- Redemption Registration Date: June 22, 2026.
- Issuer's Redemption Funds Arrival Date (to China Clearing Account): June 26, 2026.
- Redemption Type: Full redemption.
- Last Trading Day Convertible Bond Abbreviation: Zmei Convertible Bonds.
- 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. Bondholders are reminded to convert their bonds within the deadline. If the "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 deadline. If investors fail to convert in time, they may face losses; investors are advised to be aware of the risks.
Company Information
Zhejiang Jiemei Electronic Technology Co., Ltd. (hereinafter referred to as "the Company") held its sixth board meeting on May 29, 2026, where the proposal for the early redemption of "Jiemei Convertible Bonds" was approved. Considering the current market and the company's situation, the board 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 terms in the "Public Offering Prospectus of Zhejiang Jiemei Electronic Technology Co., Ltd." (hereinafter referred to as "the Prospectus"), and authorized the management and relevant departments to handle 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 Electronic Technology Co., Ltd. publicly issued 6 million convertible bonds on November 4, 2020, with a face value of 100 CNY each, totaling 600 million CNY.
(2) Listing of Convertible Bonds
Approved by the Shenzhen Stock Exchange with document "Shenzhen Shen [2020] No. 1167", the company's 600 million CNY convertible bonds were listed for trading on the Shenzhen Stock Exchange starting December 1, 2020, under the bond abbreviation "Jiemei Convertible Bonds" and bond code "128137".
(3) Conversion Period of Convertible Bonds
According to the "Public Offering Prospectus of Zhejiang Jiemei Electronic Technology Co., Ltd.", the conversion period for the issued convertible bonds is from the first trading day after the end of the issuance (November 10, 2020) until the maturity date of the convertible bonds (November 3, 2026).