300556SZSE
🚨 Material Event

Second Reminder Announcement on the Put Option for Silk Road Convertible Bonds

Silk Road Vision Co., Ltd.··4 pages

✨ AI Summary

This announcement provides a second reminder regarding the put option for Silk Road Convertible Bonds. The put option is triggered if the stock price is below 70% of the conversion price for 30 consecutive trading days. The put price is 101.068 RMB per bond. Bondholders can choose to exercise this option.

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Full Translation

AI Translation· gemini_document

Securities Code: 300556

Bond Code: 123138

Securities Abbreviation: Silk Road Vision

Bond Abbreviation: Silk Road Convertible Bond

Announcement Number: 2026-041

Silk Road Vision Technology Co., Ltd.

Announcement on the Second Reminder for the Put Option of Silk Road Convertible Bonds

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and there is no false record, misleading statement, or major omission.

Special Reminder:

  1. Put Price: 101.068 RMB/bond (including interest and tax)

  2. Put Condition Fulfillment Date: August 5, 2026

  3. Put Application Period: August 10, 2026 to August 14, 2026

  4. Issuer Fund Arrival Date: August 19, 2026

  5. Put Payment Transfer Date: August 20, 2026

  6. Investor Put Payment Arrival Date: August 21, 2026

  7. During the put application period, "Silk Road Convertible Bond" will be suspended from conversion.

  8. This put option is not mandatory; holders have the right to choose whether to exercise the put option.

  9. Risk Warning: Investors choosing to exercise the put option is equivalent to selling their "Silk Road Convertible Bonds" at 101.068 RMB/bond (including interest and tax). As of the last trading day before this announcement, the closing price of "Silk Road Convertible Bonds" was 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.

The stock of Silk Road Vision Technology Co., Ltd. (hereinafter referred to as the "Company") has been below 70% of the current conversion price of "Silk Road Convertible Bonds," which is 26.53 RMB/share, i.e., 18.57 RMB/share, for thirty consecutive trading days from June 25, 2026, to August 5, 2026. Furthermore, "Silk Road Convertible Bonds" are in their last two interest-accruing years. According to the "Prospectus for the Issuance of Convertible Corporate Bonds by Silk Road Vision Technology Co., Ltd. to Unspecified Objects" (hereinafter referred to as the "Prospectus"), the conditional put option of "Silk Road Convertible Bonds" has been triggered. The relevant matters regarding the put option of "Silk Road Convertible Bonds" are hereby announced as follows:

I. Overview of Put Option

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

  1. Conditional Put Option

In the last two interest-accruing years of the convertible corporate bonds issued, if the closing price of the company's stock is below 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.

If, during the aforementioned trading days, the conversion price has

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