300529SZSE
🚨 Material Event

Announcement on the Put Option for Jianfan Convertible Bonds

Jafron Biomedical Co., Ltd.··4 pages

✨ AI Summary

Jianfan Bio-Tech Group announces the exercise of a put option for its convertible bonds ("Jianfan Convertible Bonds") due to the stock price falling below 70% of the conversion price. The put option price is set at 100.247 yuan per bond, including interest and tax. The put option period is from August 7 to August 13, 2026.

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Full Translation

AI Translation· gemini_document

Jianfan Bio-Tech Group Co., Ltd.

Announcement on the Put Option for Jianfan Convertible Bonds

The company and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Notes:

  1. Bond Name: Jianfan Convertible Bonds

  2. Bond Code: 123117

  3. Face Value of Convertible Bond: 100 yuan/bond

  4. Put Option Price: 100.247 yuan/bond (including interest and tax)

  5. Put Option Condition Fulfillment Date: August 3, 2026

  6. Put Option Application Period: August 7, 2026 to August 13, 2026

  7. Issuer's Fund Receipt Date: August 18, 2026

  8. Put Option Payment Transfer Date: August 19, 2026

  9. Investor Put Option Payment Receipt Date: August 20, 2026

  10. "Jianfan Convertible Bonds" will be suspended from conversion during the put option application period.

  11. Holders of "Jianfan Convertible Bonds" have the right to choose whether to exercise the put option; this put option is not mandatory.

  12. Risk Warning: (1) Investors choosing to exercise the put option are equivalent to selling their "Jianfan Convertible Bonds" at 100.247 yuan/bond (including interest and tax). As of now, the closing price of "Jianfan Convertible Bonds" is higher than the current put option price. Investors choosing to exercise the put option may incur losses. Investors are kindly requested to pay attention to the risks. (2) In the last two interest-bearing periods of "Jianfan Convertible Bonds," holders of "Jianfan Convertible Bonds" can exercise the put option once per year under the agreed conditions after the put option condition is first met. If holders of "Jianfan Convertible Bonds" do not apply for and complete the put option during the announced application period in the year when the put option condition is first met, they cannot exercise the put option in that interest-bearing year. Holders of "Jianfan Convertible Bonds" cannot exercise partial put options multiple times.

Jianfan Bio-Tech Group Co., Ltd. (hereinafter referred to as the "Company") announced that from June 23, 2026, to August 3, 2026, if the closing price of the Company's stock is lower than 70% of the current "Jianfan Convertible Bonds" conversion price of 38.15 yuan/share, which is 26.71 yuan/share, and "Jianfan Convertible Bonds" are in their last two interest-bearing periods, the conditional put option clause in the "Prospectus for the Initial Public Offering of Convertible Corporate Bonds by Jianfan Bio-Tech Group Co., Ltd. to Unspecified Targets" (hereinafter referred to as the "Prospectus") will take effect. The relevant matters regarding the put option for "Jianfan Convertible Bonds" are hereby announced as follows:

I. Overview of Put Option

According to the "Prospectus," the provisions of the conditional put option clause are as follows:

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