Securities Code: 002958
Bond Code: 128129
Securities Abbreviation: Qing Nong Commercial Bank
Bond Abbreviation: Qing Nong Convertible Bond
Announcement Number: 2026-035
Qingdao Rural Commercial Bank Co., Ltd.
Announcement on the Maturity Redemption and Delisting of Qing Nong Convertible Bonds
The Bank and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or major omissions.
Special Notice:
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Maturity Date and Registration Date for Redemption of Qing Nong Convertible Bonds: August 24, 2026
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Redemption Price of Qing Nong Convertible Bonds: RMB 108 per bond (including tax and the final interest payment)
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Payment Date for Redemption Funds of Qing Nong Convertible Bonds: August 25, 2026
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Last Trading Day for Qing Nong Convertible Bonds: August 19, 2026
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Trading Suspension Date for Qing Nong Convertible Bonds: August 20, 2026
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Last Conversion Date for Qing Nong Convertible Bonds: August 24, 2026
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Delisting Date for Qing Nong Convertible Bonds: August 25, 2026
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According to the arrangement, Qing Nong Convertible Bonds that have not been converted by the close of trading on August 24, 2026, will be mandatorily redeemed. Upon completion of this redemption, Qing Nong Convertible Bonds will be delisted from the Shenzhen Stock Exchange. Bondholders are hereby reminded to convert their bonds during the conversion period.
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During the period after the trading suspension of Qing Nong Convertible Bonds and before the end of the conversion period (i.e., from August 20, 2026, to August 24, 2026), Qing Nong Convertible Bondholders can still convert their bonds into the Bank's shares under the agreed conditions. The current conversion price is RMB 3.88 per share.
I. Basic Information of Convertible Corporate Bonds
According to the "Approval Document (2020) No. 1440" issued by the China Securities Regulatory Commission, Qingdao Rural Commercial Bank Co., Ltd. (hereinafter referred to as the "Bank") publicly issued 50 million convertible bonds on August 25, 2020. Each bond has a face value of RMB 100, with a total issuance of RMB 5 billion and a term of 6 years (from August 25, 2020, to August 24, 2026). With the approval of the Shenzhen Stock Exchange's "Shenzhen Letter (2020) No. 856," the Bank's RMB 5 billion convertible bonds were listed and traded on the Shenzhen Stock Exchange from September 18, 2020. The bond abbreviation is "Qing Nong Convertible Bond," and the bond code is "128129."