Important Notice on Early Redemption of Shouhua Convertible Bonds and Upcoming Trading Suspension

Important Notice on Early Redemption of Shouhua Convertible Bonds and Upcoming Trading Suspension

Shouhua Gas Technology (Shanghai) Co., Ltd. and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Important Content Reminder:

1. Last Trading Day: March 2, 2026
   March 2, 2026, will be the last trading day for "Shouhua Convertible Bonds," and on that day, the bonds will be referred to as "Z Hua Convertible Bonds." Trading will cease after the market closes on March 2, 2026.

2. Last Conversion Day: March 5, 2026
   March 5, 2026, will be the last day for bondholders to convert their bonds before the market closes. After the market closes on March 5, 2026, unconverted "Shouhua Convertible Bonds" will stop conversion and will be forcibly redeemed at a price of 100.616 CNY per bond (including accrued interest, with a current annual interest rate of 1.80%, and the interest is tax-inclusive). Investors may face losses if forcibly redeemed. As of the market close on February 25, 2026, there are only 3 trading days left until the trading suspension date (March 3, 2026) and 6 trading days until the conversion suspension date (March 6, 2026).

3. Bondholders 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 risks of not being able to convert.

4. Special Reminder:
   "Shouhua Convertible Bonds" holders must carefully read this announcement, fully understand the related risks, pay attention to the last conversion time, and make prudent investment decisions.

Special Reminder:

1. Redemption Price of "Shouhua Convertible Bonds": 100.616 CNY per bond (including accrued interest, with a current annual interest rate of 1.80%, and the interest is tax-inclusive). The after-tax redemption price will be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "China Clearing").

2. Redemption Condition Satisfaction Date: February 4, 2026

3. Trading Suspension Date: March 3, 2026

4. Redemption Registration Date: March 5, 2026

5. Conversion Suspension Date: March 6, 2026

6. Redemption Date: March 6, 2026

7. Date of Funds Arrival for Issuer (to China Clearing Account): March 11, 2026

8. Date of Redemption Funds Arrival for Investors: March 13, 2026

9. Redemption Type: Full redemption

10. Last Trading Day Bond Abbreviation: Z Hua Convertible Bonds

11. After this redemption is completed, "Shouhua Convertible Bonds" will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). If the "Shouhua Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to lift the pledge or freeze before the conversion suspension date to avoid being redeemed due to inability to convert.

12. Bondholders 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 risks of not being able to convert.

13. Risk Reminder: According to the arrangement, "Shouhua Convertible Bonds" that have not been converted by the market close 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 pay attention to converting within the deadline. If investors fail to convert in time, they may face losses, and investors are advised to be aware of investment risks.