Securities Code and Name
Securities Code: 300553
Securities Abbreviation: Jizhi Co., Ltd.
Announcement Number: 2026-008
Bond Code: 123245
Bond Abbreviation: Jizhi Convertible Bonds
Announcement
Hangzhou Jizhi Electromechanical Co., Ltd. announces that it will not redeem the "Jizhi Convertible Bonds" in advance. The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- From January 30, 2026, to February 27, 2026, the company's stock price has met the condition that the closing price is not lower than 130% of the current conversion price of the "Jizhi Convertible Bonds" (18.11 CNY/share) for at least 15 trading days within any consecutive 30 trading days (including 130%, i.e., 23.54 CNY/share). According to the "Prospectus for the Public Issuance of Convertible Corporate Bonds by Hangzhou Jizhi Electromechanical Co., Ltd." (hereinafter referred to as the "Prospectus"), the conditional redemption clause for the "Jizhi Convertible Bonds" has been triggered.
- On February 27, 2026, the company held the 20th meeting of the 5th Board of Directors, which reviewed and approved the proposal on "Not Redeeming the Jizhi Convertible Bonds in Advance." The board resolved not to exercise the early redemption rights of the "Jizhi Convertible Bonds." Additionally, within the next three months (from March 2, 2026, to June 1, 2026), if the conditional redemption clause for the "Jizhi Convertible Bonds" is triggered again, the company will not exercise the early redemption rights. After the first trading day following June 1, 2026, if the "Jizhi Convertible Bonds" trigger the aforementioned conditional redemption clause again, the board will hold another meeting to decide whether to exercise the early redemption rights of the "Jizhi Convertible Bonds."