Shouhua Gas Technology (Shanghai) Co., Ltd. announces the ninth reminder regarding the early redemption of "Shouhua Convertible Bonds." The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Redemption price of "Shouhua Convertible Bonds": 100.616 CNY per bond (including accrued interest for the current period, with an annual interest rate of 1.80%, and the current interest is tax-inclusive). The after-tax redemption price will be based on the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "China Clearing").
- Redemption condition satisfaction date: February 4, 2026
- Last trading day: March 3, 2026
- Redemption registration date: March 5, 2026
- Last day for conversion: March 6, 2026
- Redemption date: March 6, 2026
- Issuer's funds arrival date (to China Clearing account): March 11, 2026
- Investor redemption funds arrival date: March 13, 2026
- Redemption category: Full redemption
- Last trading day convertible bond abbreviation: Z Hua Convertible Bond
- After this redemption is completed, "Shouhua Convertible Bonds" will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). If bondholders have pledged or frozen "Shouhua Convertible Bonds," it is recommended to lift the pledge or freeze before the last day for conversion to avoid being redeemed due to inability to convert.
- Bondholders wishing to convert must open trading permissions for the ChiNext board. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Shouhua Convertible Bonds" into stocks, and investors are reminded to pay attention to the risk of being unable to convert.
- Risk reminder: According to the arrangement, "Shouhua Convertible Bonds" that have not been converted by the close of trading on March 5, 2026, will be forcibly redeemed at a price of 100.616 CNY per bond. Given the significant difference between the current secondary market price of "Shouhua Convertible Bonds" and the redemption price, bondholders are particularly reminded to convert within the deadline. If investors fail to convert in time, they may face losses, and investors are advised to be aware of investment risks.
From January 14, 2026, to February 4, 2026, the stock of Shouhua Gas Technology (Shanghai) Co., Ltd. has met the condition of having at least fifteen trading days with closing prices not lower than 130% of the current conversion price (12.15 CNY per share), which is 15.795 CNY per share, triggering the relevant provisions of the conditional redemption clause in the "Shouhua Gas Technology (Shanghai) Co., Ltd. Prospectus for Issuing Convertible Bonds to Unspecified Objects" (hereinafter referred to as "Prospectus"). The company held the sixteenth meeting of the sixth board of directors on February 4, 2026, and approved the proposal for the early redemption of "Shouhua Convertible Bonds." Considering the current market and the company's situation, the board of directors prudently decided to exercise the early redemption right of "Shouhua Convertible Bonds" and authorized the management to handle all related matters for the subsequent redemption of "Shouhua Convertible Bonds."