Weir Environmental Technology Group Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this announcement does not contain false records, misleading statements, or major omissions, and assumes individual and joint responsibility for the authenticity, accuracy, and completeness of its content.
Special Reminder: From January 22, 2026, to February 27, 2026, the closing price of Weir Environmental Technology Group Co., Ltd. stock has been at least 130% of the current conversion price of 3.55 yuan/share (i.e., 4.62 yuan/share) for 10 trading days. If the subsequent closing price of the company's stock continues to remain above 130% of the current conversion price (including 130%, i.e., 4.62 yuan/share), it is expected to trigger the conditional redemption clause of the "Weir Convertible Bonds."
According to the conditional redemption clause in the "Weir Environmental Technology Group Co., Ltd. Public Offering of Convertible Corporate Bonds Prospectus" (hereinafter referred to as "the Prospectus"), during the conversion period of the issued convertible corporate bonds (hereinafter referred to as "the Convertible Bonds"), if the closing price of the company's stock is not less than 130% (including 130%) of the current conversion price for at least 15 trading days within any consecutive 30 trading days, the company has the right to redeem all or part of the unconverted convertible bonds at the bond's face value plus accrued interest. If the conditional redemption clause is triggered, the company will timely perform subsequent review procedures and information disclosure obligations in accordance with relevant regulations. Investors are advised to pay close attention to the company's subsequent announcements and be aware of the investment risks associated with the "Weir Convertible Bonds."
I. Basic Information on the Issuance and Listing of Convertible Bonds
(1) Issuance of Convertible Bonds
With the approval of the China Securities Regulatory Commission regarding the public issuance of convertible corporate bonds by Weir Environmental Technology Group Co., Ltd. (Approval No. [2020] 21), the company issued 9,172,387 convertible corporate bonds to unspecified objects on April 13, 2020, with a face value of 100 yuan each, totaling 917.2387 million yuan.