Securities Code: 300556
Bond Code: 123138
Securities Abbreviation: Silk Road Vision
Bond Abbreviation: Silk Road Convertible Bond
Announcement Number: 2026-044
Silk Road Vision Technology Co., Ltd.
Fifth Notice of Put Option Exercise for 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 contains no false records, misleading statements, or major omissions.
Special Notice:
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Put Option Price: RMB 101.068 per bond (including interest and tax)
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Condition Fulfillment Date: August 5, 2026
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Put Option Declaration 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 declaration period.
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This put option exercise is not mandatory; holders have the right to choose whether to exercise it.
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Risk Warning: Investors choosing to exercise the put option is equivalent to selling their "Silk Road Convertible Bonds" at RMB 101.068 per 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 be aware of 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 Bond," which is RMB 26.53 per share, i.e., RMB 18.57 per 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-accruing years. According to the 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 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-accruing years of the convertible corporate bonds issued, if the closing price of the company's stock 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.