Securities Code: 300556
Bond Code: 123138
Securities Abbreviation: Silk Road Vision
Bond Abbreviation: Silk Road Convertible Bond
Announcement No.: 2026-040
Silk Road Vision Technology Co., Ltd.
First Reminder Announcement on Put Option Exercise for Silk Road Convertible Bonds
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
Special Reminder:
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Put Option Price: 101.068 yuan/bond (including interest and tax)
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Put Option Condition Met Date: August 5, 2026
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Put Option Exercise Period: August 10, 2026 to August 14, 2026
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Issuer Fund Arrival Date: August 19, 2026
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Put Option Payment Transfer Date: August 20, 2026
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Investor Put Option Payment Arrival Date: August 21, 2026
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"Silk Road Convertible Bond" will be suspended from conversion during the put option exercise period.
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This put option exercise is not mandatory; holders have the right to choose whether to exercise the put option.
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Risk Warning: Investors choosing to exercise the put option is equivalent to selling their holdings of "Silk Road Convertible Bond" at 101.068 yuan/bond (including interest and tax). As of the last trading day before this announcement, the closing price of "Silk Road Convertible Bond" was higher than the current put option price. Investors choosing to exercise the put option may incur losses. Please pay attention to the risks.
The closing price of the Company's (hereinafter referred to as the "Company") stock has been lower than 70% of the current conversion price of "Silk Road Convertible Bond" (26.53 yuan/share), which is 18.57 yuan/share, for thirty consecutive trading days from June 25, 2026, to August 5, 2026. Furthermore, "Silk Road Convertible Bond" is in its last two interest periods. According to the relevant provisions of the "Prospectus for the Offering of Convertible Corporate Bonds by Silk Road Vision Technology Co., Ltd. to Unspecified Objects" (hereinafter referred to as the "Prospectus"), the conditional put option clause of "Silk Road Convertible Bond" has taken effect. The relevant matters regarding the put option exercise of "Silk Road Convertible Bond" are hereby announced as follows:
I. Overview of Put Option Exercise
According to the "Prospectus," the provisions of the conditional put option clause are as follows:
- Conditional Put Option Clause
During the last two interest periods of the convertible corporate bonds issued, if the Company's stock closing price is lower than 70% of the current conversion price for any thirty consecutive trading days, holders of convertible corporate bonds have the right to put all or part of their convertible corporate bonds to the Company at face value plus accrued interest.