Stock Code: 300337 Bond Code: 123252 Stock Abbreviation: Yinbang Shares Bond Abbreviation: Yinbang Convertible Bond Announcement No.: 2026-055
Yinbang Metal Composite Materials Co., Ltd.
Announcement on Not Lowering the Conversion Price of Yinbang Convertible Bonds
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or major omissions.
Special Notice:
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From July 8, 2026, to July 30, 2026, the closing price of Yinbang Metal Composite Materials Co., Ltd. (hereinafter referred to as the "Company") stock was below 85% of the current conversion price (i.e., RMB 10.63 per share) for fifteen trading days within any consecutive thirty trading days, triggering the downward adjustment condition for the conversion price of "Yinbang Convertible Bond".
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On July 30, 2026, the Company held the fourth meeting of the Sixth Board of Directors, which deliberated and approved the "Proposal on Not Lowering the Conversion Price of Yinbang Convertible Bonds". The Board of Directors decided not to lower the conversion price of "Yinbang Convertible Bond" this time. Furthermore, for the six months from the next trading day after the deliberation of this Board meeting (from July 31, 2026, to January 31, 2027), if the condition for downward adjustment of the "Yinbang Convertible Bond" conversion price is triggered again, no downward adjustment plan will be proposed. After this period (restarting from February 1, 2027), if the condition for downward adjustment of the "Yinbang Convertible Bond" conversion price is triggered again, the Company's Board of Directors will convene another meeting to decide whether to exercise the right to lower the conversion price of "Yinbang Convertible Bond".