002859SZSE
🚨 Material Event

Important Announcement Regarding Early Redemption of "Jiamei Convertible Bonds" and Upcoming Suspension of Conversion

✨ AI Summary

Zhejiang Jiamei Electronic Technology Co., Ltd. announces the early redemption of its "Jiamei Convertible Bonds" effective June 23, 2026. The last day for bondholders to convert bonds into shares is June 22, 2026. The redemption price is 101.266 yuan per bond. Investors are urged to convert or face mandatory redemption.

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Securities Code: 002859 Bond Code: 128137 Securities Abbreviation: Jiamei Technology Bond Abbreviation: Jiamei Convertible Bond Announcement Number: 2026-065

Zhejiang Jiamei Electronic Technology Co., Ltd. Important Announcement Regarding Early Redemption of "Jiamei Convertible Bonds" and Upcoming Suspension of Conversion

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 Highlights:

  1. Last Conversion Date: June 22, 2026 June 22, 2026, is the last day for "Jiamei Convertible Bonds" to be converted into shares. Bondholders can still convert their holdings before the market closes on this day. After the market closes on June 22, 2026, unconverted "Jiamei Convertible Bonds" will cease to be convertible. As of the close of trading on June 17, 2026, there are only two trading days remaining until the suspension of conversion and redemption of "Jiamei Convertible Bonds." The Company specifically reminds holders of "Jiamei Convertible Bonds" to read this announcement carefully, fully understand the relevant risks, pay attention to the last conversion date, and make prudent investment decisions.
  2. Special Reminder to Holders of "Jiamei Convertible Bonds" to Convert Within the Deadline.

Special Notes:

  1. Bond Redemption Date: June 23, 2026
  2. Bond Redemption Price: 101.266 yuan/bond (including interest and taxes)
  3. Bond Redemption Funds Arrival Date: June 30, 2026
  4. Bond Trading Suspension Date: June 17, 2026
  5. Bond Conversion Suspension Date: June 23, 2026
  6. Convertible Bond Redemption Condition Met Date: May 29, 2026
  7. Convertible Bond Redemption Registration Date: June 22, 2026
  8. Issuer's Redemption Funds Arrival Date (to China Securities Depository and Clearing Corporation account): June 26, 2026
  9. Redemption Category: Full Redemption
  10. Last Trading Day Convertible Corporate Bond Abbreviation: Zmei Convertible Bond
  11. As per the arrangement, "Jiamei Convertible Bonds" that have not been converted into shares by the close of trading on June 22, 2026, will be mandatorily redeemed.

Upon completion of this redemption, "Jiamei Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders of "Jiamei Convertible Bonds" are reminded to convert their bonds within the deadline. If the 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 redeemed.

  1. Risk Warning: Due to the significant difference between the current secondary market price of "Jiamei Convertible Bonds" and the redemption price, holders of "Jiamei Convertible Bonds" are reminded to convert their bonds within the deadline. If investors fail to convert their bonds in a timely manner, they may face losses. Investors are kindly requested to be aware of the risks.

Zhejiang Jiamei Electronic Technology Co., Ltd. (hereinafter referred to as the "Company") held the sixth meeting of its fifth Board of Directors on May 29, 2026, and approved the "Proposal on Early Redemption of 'Jiamei Convertible Bonds'." Considering the current market conditions and the Company's own situation, the Board of Directors has decided, in accordance with relevant regulations such as the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 15 - Convertible Corporate Bonds" and the conditional redemption clauses in the "Prospectus for the Public Offering of Convertible Corporate Bonds of Zhejiang Jiamei Electronic Technology Co., Ltd." (hereinafter referred to as the "Prospectus"), to exercise the early redemption right for "Jiamei Convertible Bonds." The management and relevant departments have been authorized to handle all related matters for the subsequent redemption of "Jiamei Convertible Bonds." The relevant matters are hereby announced as follows:

I. Basic Information of "Jiamei Convertible Bonds"

(I) Convertible Bond Issuance Status Approved by the China Securities Regulatory Commission's document "Zheng Jian Xu Ke [2020] No. 2323," Zhejiang Jiamei Electronic Technology Co., Ltd. publicly issued 6 million convertible corporate bonds on November 4, 2020. Each bond has a face value of 100 yuan, with a total issuance amount of 600 million yuan.

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