Securities Code: 300429
Bond Code: 123076
Securities Abbreviation: Qiangli New Material
Announcement No.: 2026-033
Bond Abbreviation: Qiangli Convertible Bond
Changzhou Qiangli Electronic New Material Co., Ltd.
Announcement on the Board of Directors' Proposal to Lower the Conversion Price of "Qiangli Convertible Bonds"
The Company and all members of the Board of Directors guarantee the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
Changzhou Qiangli Electronic New Material Co., Ltd. (hereinafter referred to as the "Company") held the twenty-second meeting of the fifth Board of Directors on August 6, 2026. The meeting deliberated and approved the "Proposal on the Board of Directors' Proposal to Lower the Conversion Price of 'Qiangli Convertible Bonds'". This proposal needs to be submitted to the Company's first extraordinary general meeting of shareholders in 2026 for deliberation. The relevant matters are hereby announced as follows:
I. Overview of the Issuance and Listing of Convertible Corporate Bonds
(I) Issuance of Convertible Corporate Bonds
Approved by the China Securities Regulatory Commission's "Document No. [2020] 2769", the Company issued 8.5 million convertible corporate bonds to non-specific targets on November 19, 2020. Each bond has a face value of RMB 100, with a total issuance amount of RMB 850 million. The issuance method involved priority allocation to existing shareholders, and the remaining portion (including the portion abandoned by existing shareholders) was offered to public investors through the Shenzhen Stock Exchange trading system. Any portion not subscribed up to RMB 850 million was underwritten by the lead underwriter.
(II) Listing of Convertible Corporate Bonds
With the approval of the Shenzhen Stock Exchange, the convertible corporate bonds were listed and traded on the Shenzhen Stock Exchange on December 4, 2020. The bond abbreviation is "Qiangli Convertible Bond" and the bond code is "123076".