002859SZSE

Notice on the Fifth Reminder of Early Redemption of "Jiemei Convertible Bonds"

✨ AI Summary

This announcement informs holders of "Jiemei Convertible Bonds" about the early redemption scheduled for June 23, 2026, at a price of 101.266 yuan per bond. The last trading day for the bonds is June 17, 2026, and the redemption funds will be credited by June 30, 2026. Holders are advised to convert their bonds before the deadline to avoid forced redemption.

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Full Translation

AI Translation· azure_openai

Basic Information of "Jiemei Convertible Bonds"

1. Early Redemption Notice

Special Reminder:

  1. Redemption Date: June 23, 2026;
  2. Redemption Price: 101.266 yuan per bond (including interest and tax);
  3. Funds Arrival Date: June 30, 2026;
  4. Last Trading Day: June 17, 2026;
  5. Last Conversion Day: June 23, 2026;
  6. Conditions for Redemption Met: May 29, 2026;
  7. Redemption Registration Date: June 22, 2026;
  8. Issuer's Funds Arrival Date (to China Clearing Account): June 26, 2026;
  9. Redemption Type: Full Redemption;
  10. Last Trading Day Convertible Bond Abbreviation: Zmei Convertible Bond;
  11. According to the arrangement, "Jiemei Convertible Bonds" that have not been converted by the close of 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 deadline. 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.
  12. Risk Warning: Due to the significant difference between the current secondary market price of "Jiemei Convertible Bonds" and the redemption price, holders are reminded to convert their bonds within the deadline. Failure to do so may result in losses; investors should be aware of the risks.

2. Redemption Overview

(1) Conditional Redemption Clause

According to the provisions in the prospectus, during the conversion period of the issued convertible bonds, if either of the following conditions occurs, the board of directors has the right to decide to redeem all or part of the unconverted convertible bonds at the face value plus accrued interest:

  1. If the closing price of the company's stock is not less than 130% of the current conversion price for at least 15 trading days within any consecutive 30 trading days during the conversion period;
  2. If the remaining unconverted balance of the convertible bonds is less than 30 million yuan.

The formula for calculating accrued interest is: IA = B × i × t / 365 IA: Accrued interest for the current period; B: Total face value of the convertible bonds held by the bondholder; i: Annual coupon rate of the convertible bonds; t: Number of days for interest calculation, from the last interest payment date to the redemption date of the current interest year (inclusive of the start date, exclusive of the end date).

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