Securities Code: 300553
Bond Code: 123245
Securities Abbreviation: Jizhi Co., Ltd.
Bond Abbreviation: Jizhi Convertible Bond
Announcement Number: 2026-030
Hangzhou Jizhi Electromechanical Co., Ltd.
Announcement on the Potential Redemption Conditions of "Jizhi Convertible Bonds"
The Company and the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.
Special Reminder:
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From June 2, 2026, to June 15, 2026, the closing price of Hangzhou Jizhi Electromechanical Co., Ltd. ("the Company") stock has been no less than 130% of the current conversion price of "Jizhi Convertible Bond" (which is 18.06 yuan/share, i.e., 23.48 yuan/share) for 10 trading days.
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If the conditional redemption clause of "Jizhi Convertible Bond" is triggered in the future (i.e., during the conversion period, if the Company's stock price closes at or above 130% of the current conversion price for at least 15 trading days within any consecutive 30 trading days), the Company has the right to redeem all or part of the outstanding convertible corporate bonds that have not been converted at the price of the bond face value plus accrued interest for the current period, in accordance with the relevant provisions of the conditional redemption clause in the "Prospectus for the Issuance of Convertible Corporate Bonds by Hangzhou Jizhi Electromechanical Co., Ltd. to Unspecified Objects" (hereinafter referred to as the "Prospectus").
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We kindly ask investors to carefully understand the relevant regulations of this convertible bond, pay attention to the Company's subsequent announcements, and be aware of investment risks.
I. Basic Information of Convertible Bonds
(I) Issuance of Convertible Bonds