Announcement on the Downward Adjustment of the Conversion Price of Convertible Bonds and Risk Warning
Shenzhen Blue Shield Information Security Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- Previous conversion price: 1.35 yuan/share
- Adjusted conversion price: 0.84 yuan/share
- Effective date of adjusted conversion price: May 9, 2023
- As of April 28, 2023, there are 999,948 remaining "Blue Shield Convertible Bonds" with a total remaining face value of 99,994,800 yuan. The Company currently does not have sufficient cash to cover the total remaining face value of the "Blue Shield Convertible Bonds." If the "Blue Shield Convertible Bonds" trigger the repurchase clause, the Company faces the risk of debt default due to insufficient liquidity. Additionally, the closing price of the "Blue Shield Convertible Bonds" on April 25, 2023, was 153.001 yuan, with significant recent price fluctuations and a large deviation from the convertible bond value. Investors are advised to invest rationally and pay attention to risks.
- The Company's stock and "Blue Shield Convertible Bonds" have been suspended from trading since the market opened on April 26, 2023, and the conversion of "Blue Shield Convertible Bonds" has been suspended during the trading halt.
- On May 5, 2023, the Company received a "Pre-Notice" from the Shenzhen Stock Exchange, indicating that the Exchange intends to terminate the listing of the Company's stock and "Blue Shield Convertible Bonds." Investors are advised to invest rationally and pay attention to risks.