300529SZSE
🚨 Material Event

Second Reminder Announcement on the Put Option for Jianfan Bio-Tech Convertible Bonds

Jafron Biomedical Co., Ltd.··4 pages

✨ AI Summary

This announcement provides a second reminder regarding the put option for Jianfan Bio-Tech's convertible bonds. The put option is triggered if the stock price falls below 70% of the conversion price for 30 consecutive trading days during the last two interest periods. The put price is 100.247 yuan per bond, including interest and tax. Investors can choose to exercise this option, which is not mandatory.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300529

Bond Code: 123117

Securities Abbreviation: Jianfan Bio-Tech

Bond Abbreviation: Jianfan Convertible Bond

Announcement No.: 2026-042

Jianfan Bio-Tech Group Co., Ltd.

Second Reminder 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 significant omissions.

Special Reminders:

  1. Bond Abbreviation: Jianfan Convertible Bond

  2. Bond Code: 123117

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

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

  5. Put Condition Fulfillment Date: August 3, 2026

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

  7. Issuer Fund Arrival Date: August 18, 2026

  8. Put Payment Transfer Date: August 19, 2026

  9. Investor Put Payment Arrival Date: August 20, 2026

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

  11. Holders of "Jianfan Convertible Bond" 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 Bond" is higher than the current put 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 periods of "Jianfan Convertible Bond," holders of "Jianfan Convertible Bond" can exercise the put option once per year under the agreed conditions after the put condition is first met. If the put condition is met for the first time and the holders of "Jianfan Convertible Bond" do not apply for and complete the put option during the company's announced put application period, they cannot exercise the put option in that interest period. Holders of "Jianfan Convertible Bond" 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 on any thirty consecutive trading days is lower than 70% of the current "Jianfan Convertible Bond" conversion price, which is 38.15 yuan/share, i.e., 26.71 yuan/share, and "Jianfan Convertible Bond" is in its last two interest periods, then according to the relevant provisions of the "Prospectus for the Initial Public Offering of Convertible Corporate Bonds by Jianfan Bio-Tech Group Co., Ltd. on the ChiNext Market to Unspecified Targets" (hereinafter referred to as the "Prospectus"), the conditional put option clause of "Jianfan Convertible Bond" will take effect. The relevant matters concerning the put option of "Jianfan Convertible Bond" are hereby announced as follows:

I. Overview of Put Option

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.