Shijiazhuang Tonghe Electronic Technology Co., Ltd.
Announcement on the Expected Trigger of Downward Adjustment Condition for Convertible Bond Conversion Price
The company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Special Reminders:
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Security Code: 300491 Security Abbreviation: Tonghe Technology
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Bond Code: 123271 Bond Abbreviation: Tonghe Convertible Bond
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Conversion Price: 33.18 RMB/share
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Conversion Period: December 8, 2026 to June 1, 2032
Shijiazhuang Tonghe Electronic Technology Co., Ltd. (hereinafter referred to as "Tonghe Technology" or "the Company") stock has closed below 85% of the current conversion price (i.e., 28.20 RMB/share) for ten trading days from July 17, 2026, to July 30, 2026. It is expected that the downward adjustment clause for the conversion price in the "Prospectus for the Issuance of Convertible Corporate Bonds to Non-specific Objects by Shijiazhuang Tonghe Electronic Technology Co., Ltd." (hereinafter referred to as the "Prospectus") may be triggered. If the adjustment clause is triggered, the Company will promptly fulfill the deliberation procedures and information disclosure obligations in accordance with relevant laws, regulations, and the "Prospectus." Investors are kindly advised to pay attention to investment risks.
I. Basic Information of Convertible Corporate Bonds
(I) Issuance and Listing of Convertible Corporate Bonds
With the approval of the China Securities Regulatory Commission (Document No. CSRC Permit [2026] 951), the Company issued convertible corporate bonds with a total face value of 521.9327 million RMB to non-specific objects on June 2, 2026. The issuance volume was 5,219,327 bonds, with a face value of RMB 100 per bond and a term of 6 years. With the approval of the Shenzhen Stock Exchange, these convertible corporate bonds were listed and traded on the Shenzhen Stock Exchange from June 17, 2026. The bond abbreviation is "Tonghe Convertible Bond" and the bond code is "123271".
(II) Conversion Period of Convertible Corporate Bonds