Securities Code: 300253 Bond Code: 123104 Securities Abbreviation: ZQ-Health Bond Abbreviation: ZQ-Convertible Bond Announcement Number: 2026-070
Ningbo Health Technology Group Co., Ltd. Announcement on the Board of Directors' Proposal to Lower the Conversion Price of "ZQ-Convertible Bond"
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.
Ningbo Health Technology Group Co., Ltd. (hereinafter referred to as the "Company") held the 31st meeting of the Sixth Board of Directors on June 22, 2026, and reviewed and approved the "Proposal on the Board of Directors' Proposal to Lower the Conversion Price of 'ZQ-Convertible Bond'". This proposal needs to be submitted to the Company's shareholders' meeting for review. The relevant matters are hereby announced as follows:
I. Basic Information of Convertible Corporate Bonds
- Issuance and Listing of Convertible Corporate Bonds
With the approval of the China Securities Regulatory Commission's "Document No. (2021) 311", the Company issued 9,702,650 convertible bonds to unspecified targets on March 16, 2021. Each bond has a face value of RMB 100, with a total issuance amount of RMB 970.265 million.
With the approval of the Shenzhen Stock Exchange, the Company's RMB 970.265 million convertible bonds were listed and traded on the Shenzhen Stock Exchange from March 31, 2021. The bond abbreviation is "ZQ-Convertible Bond", and the bond code is "123104".
According to the "Prospectus for Issuance of Convertible Corporate Bonds to Unspecified Targets" (hereinafter referred to as the "Prospectus") of the Company, the conversion period for the convertible bonds issued this time starts from the first trading day after six months from the end of the convertible bond issuance period until the maturity date of the convertible bonds, which is from September 22, 2021, to March 15, 2027.
- Adjustment of Conversion Price
The initial conversion price of "ZQ-Convertible Bond" was RMB 17.76/share, and the latest conversion price is RMB 17.31/share. The details of previous conversion price adjustments are as follows:
(1) Due to the implementation of the 2020 equity distribution plan, according to the relevant regulations for convertible corporate bonds, the conversion price of ZQ-Convertible Bond was adjusted from RMB 17.76/share to RMB 17.74/share on June 30, 2021. Please refer to the "Announcement on the Adjustment of the Conversion Price of 'ZQ-Convertible Bond'" (Announcement Number: 2021-070) disclosed by the Company on the Juchao Information Network on June 22, 2021.
(2) Due to the repurchase and cancellation of some restricted shares under the equity incentive plan, the conversion price was adjusted according to the relevant regulations for convertible corporate bonds. Since the proportion of repurchased and cancelled shares in the total share capital is relatively small, the adjusted conversion price is still RMB 17.74/share. Please refer to the "Announcement on the Completion of Repurchase and Cancellation of Some Restricted Shares and the Adjustment of the Conversion Price of ZQ-Convertible Bond" (Announcement Number: 2021-140) disclosed by the Company on the Juchao Information Network on December 22, 2021.