300631SZSE
🚨 Material Event

Announcement on the Expected Triggering of Downward Adjustment Conditions for Convertible Bond Conversion Price

Jiuwu High Technology Co., Ltd.··4 pages

✨ AI Summary

Jiangsu Jiugu High-Tech Co., Ltd. announces that its stock price has fallen below 85% of the conversion price for 10 out of the last 30 trading days. This may trigger a downward adjustment of the convertible bond conversion price. The company will follow procedures outlined in the prospectus if the condition is met. Investors should be aware of investment risks.

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Full Translation

AI Translation· gemini_document

Securities Code: 300631 Securities Abbreviation: Jiugu High-Tech Announcement No.: 2026-047

Bond Code: 123276 Bond Abbreviation: Jiugu Convertible 02

Jiangsu Jiugu High-Tech Co., Ltd.

Announcement on the Expected Triggering of Downward Adjustment Conditions for Convertible Bond Conversion Price

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Reminder:

  1. Stock Code: 300631 Stock Abbreviation: Jiugu High-Tech

  2. Bond Code: 123276 Bond Abbreviation: Jiugu Convertible 02

  3. Conversion Price: 23.78 RMB/share

  4. Conversion Period: January 25, 2027 to July 19, 2032 (if it falls on a non-trading day, it will be postponed to the first trading day thereafter).

  5. As of the closing of trading on July 31, 2026, the stock of Jiangsu Jiugu High-Tech Co., Ltd. (hereinafter referred to as the "Company") has had 10 trading days within any consecutive 30 trading days where the closing price was lower than 85% of the current conversion price. It is expected that the downward adjustment clause for the conversion price in the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by Jiangsu Jiugu High-Tech Co., Ltd." (hereinafter referred to as the "Prospectus") may be triggered. If the conditions for adjusting the conversion price are triggered, the Company will fulfill the subsequent deliberation procedures and information disclosure obligations in a timely manner as stipulated in the "Prospectus." Investors are kindly advised to pay attention to investment risks.

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