Stock Code: 003043
Bond Code: 127079
Stock Abbreviation: Huaya Intelligent
Bond Abbreviation: Huaya Convertible Bond
Announcement Number: 2026-086
Suzhou Huaya Intelligent Technology Co., Ltd.
Announcement on the Redemption Results of Huaya Convertible Bonds
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.
I. Basic Information of Convertible Corporate Bonds
(1) Issuance of Convertible Corporate Bonds
Approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") in the "Approval on the Public Offering of Convertible Corporate Bonds by Suzhou Huaya Intelligent Technology Co., Ltd." document "Zheng Jian Xu Ke (2022) No. 2756," the Company publicly issued 3,400,000 convertible corporate bonds on December 16, 2022. Each bond has a face value of 100 yuan, with a total issuance of 340,000,000 yuan.
(2) Listing of Convertible Corporate Bonds
Approved by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") in document "Shen Zheng Shang [2023] No. 14," the Company's 340,000,000 yuan convertible corporate bonds were listed and traded on the SZSE starting January 16, 2023. The bond abbreviation is "Huaya Convertible Bond," and the bond code is "127079."
(3) Conversion Period of Convertible Corporate Bonds
The conversion period for the convertible bonds issued in this offering begins on the first trading day six months after the end of the convertible bond issuance period (December 22, 2022), which is June 22, 2023, and ends on the maturity date of the convertible bonds (December 15, 2028) (if it falls on a statutory holiday or rest day, it will be postponed to the first working day thereafter; interest payments during the postponed period will not accrue interest).
Note: The original start date for the conversion period of convertible corporate bonds was June 22, 2023. Due to the Dragon Boat Festival holiday and the weekend, the actual start date is June 26, 2023.
(4) Adjustment of Conversion Price of Convertible Corporate Bonds
The initial conversion price of the convertible corporate bonds issued in this offering was 69.39 yuan/share. This price is not lower than the average trading price of the Company's A-shares in the twenty trading days prior to the announcement of the prospectus and the average trading price of the Company's A-shares on the immediately preceding trading day.
According to the profit distribution plan deliberated and approved by the Company's 2022 Annual General Meeting of Shareholders, a cash dividend of 0.4 yuan per share (tax inclusive) was distributed. The conversion price of "Huaya Convertible Bond" was adjusted from 69.39 yuan/share to 68.99 yuan/share. The calculation process is as follows: P1=P0-D=69.39-0.4=68.99 yuan/share. The adjusted conversion price became effective on June 6, 2023 (ex-rights and ex-dividend date).
On June 30, 2023, the Company held its 2023 Second Extraordinary General Meeting of Shareholders, which deliberated and approved the "Proposal on the Board of Directors' Proposal to Lower the Conversion Price of Convertible Corporate Bonds." The meeting authorized the Board of Directors to handle matters related to the downward adjustment of the conversion price of convertible corporate bonds in accordance with the relevant clauses in the "Prospectus." On the same day, the Company held its Third Board of Directors' Fourth Meeting, which deliberated and approved the "Proposal on Lowering the Conversion Price of Convertible Corporate Bonds," deciding to lower the conversion price of "Huaya Convertible Bond" from 68.99 yuan/share to 55.69 yuan/share. The adjusted conversion price became effective on July 3, 2023.
According to the profit distribution plan deliberated and approved by the Company's 2023 Annual General Meeting of Shareholders, a cash dividend of 0.25 yuan per share (tax inclusive) was distributed. The conversion price of "Huaya Convertible Bond" was adjusted from 55.69 yuan/share to 55.44 yuan/share. The calculation process is as follows: P1=P0-D=55.69-0.25=55.44 yuan/share. The adjusted conversion price became effective on June 6, 2024 (ex-rights and ex-dividend date).