300601SZSE
🚨 Material Event

Announcement on the Possible Triggering of Convertible Bond Conversion Price Adjustment Conditions for Kangtai Bio

✨ AI Summary

This announcement from Kangtai Bio addresses the potential adjustment of its convertible bond "Kangtai Convertible 2" conversion price. The stock price has fallen below 85% of the conversion price for ten consecutive trading days, potentially triggering a downward adjustment. The company will convene a board meeting to decide on the adjustment.

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Full Translation

AI Translation· gemini_document

Securities Code: 300601

Bond Code: 123119

Securities Abbreviation: Kangtai Bio

Bond Abbreviation: Kangtai Convertible 2

Announcement Number: 2026-054

Shenzhen Kangtai Biological Products Co., Ltd.

Announcement on the Possible Triggering of Convertible Bond Conversion Price Adjustment Conditions for Kangtai Convertible 2

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:

  1. Bond Code: 123119 Bond Abbreviation: Kangtai Convertible 2

  2. Conversion Price: 15.69 RMB/share

  3. Conversion Period: January 21, 2022 to July 14, 2027

The Company's stock price has been below 85% of the current conversion price (i.e., 13.34 RMB/share) for ten trading days from July 16, 2026, to July 29, 2026. It is expected that the conditions for a downward adjustment of the conversion price stipulated in the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by Shenzhen Kangtai Biological Products Co., Ltd." (hereinafter referred to as the "Prospectus") may be triggered. If the adjustment conditions are triggered, the Company will convene a board meeting on the day the conditions are triggered to deliberate and decide whether to adjust the conversion price, and will promptly fulfill its information disclosure obligations. If the Company fails to perform the deliberation procedures and information disclosure obligations when the adjustment conditions are triggered, it will be deemed that the conversion price is not adjusted this time. Investors are kindly advised to pay attention to investment risks.

I. Basic Situation of Convertible Bond Issuance and Listing

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