Securities Code: 300613 Securities Abbreviation: Fuhong Micro Announcement No.: 2026-033 Bond Code: 123122 Bond Abbreviation: Fuhong Convertible Shanghai Fuhong Microelectronics Co., Ltd. Announcement on the Expected Trigger of Downward Adjustment of Conversion Price for Fuhong 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 significant omissions.
Special Reminder:
- Stock Code: 300613; Stock Abbreviation: Fuhong Micro
- Bond Code: 123122; Bond Abbreviation: Fuhong Convertible
- Conversion Price: 91.69 RMB/share
- Conversion Period: February 14, 2022 to August 5, 2027
- From April 24, 2026 to May 12, 2026, the company's stock has had 10 trading days where the closing price was lower than 85% of the current conversion price, which is expected to trigger the downward adjustment condition for the conversion price of "Fuhong Convertible". If the conversion price adjustment condition is triggered, the company will convene a board meeting on the day the condition is triggered to deliberate and decide whether to adjust the conversion price, and fulfill information disclosure obligations in a timely manner. We kindly remind investors to pay attention to the company's subsequent announcements and be aware of investment risks.
I. Basic Information of Convertible Corporate Bonds (I) Issuance of Convertible Corporate Bonds With the approval of the China Securities Regulatory Commission (Document No. "Zheng Jian Xu Ke [2021] No. 2259"), Shanghai Fuhong Microelectronics Co., Ltd. (hereinafter referred to as "Fuhong Micro" or "the Company") issued 5.8119 million convertible corporate bonds on August 6, 2021, to non-specific的对象. Each bond has a face value of RMB 100, with a total issuance amount of RMB 581.19 million. The issuance method was to prioritize allocation to existing shareholders. The remaining portion after the priority allocation to existing shareholders (including the portion of priority allocation waived by existing shareholders) was offered to public investors through the Shenzhen Stock Exchange trading system. If the subscription amount was less than RMB 581.19 million, the remaining portion was underwritten by the lead underwriter.
(II) Listing of Convertible Corporate Bonds With the approval of the Shenzhen Stock Exchange, the Company's RMB 581.19 million convertible corporate bonds were listed and traded on the Shenzhen Stock Exchange starting from August 24, 2021. The bond abbreviation is "Fuhong Convertible" and the bond code is "123122".
(III) Conversion Period of Convertible Corporate Bonds According to the "Shenzhen Stock Exchange ChiNext Stock Listing Rules" and other relevant regulations, and the "Prospectus for Issuance of Convertible Corporate Bonds to Non-specific Objects on the ChiNext Market" of Shanghai Fuhong Microelectronics Co., Ltd. (hereinafter referred to as the "Prospectus"), the conversion period for this convertible corporate bond starts from the first trading day six months after the issuance completion date (August 12, 2021), which is February 14, 2022, until the maturity date of the convertible corporate bond (August 5, 2027). That is, from February 14, 2022, to August 5, 2027.