300663SZSE

Announcement on the Downward Adjustment of the Conversion Price of Kelong Convertible Bonds

✨ AI Summary

Beijing Kelong Software System Co., Ltd. announced a downward adjustment of the conversion price for its convertible bonds from 16.01 RMB to 13.20 RMB per share, effective May 6, 2026. This decision follows the condition where the stock price was below 85% of the conversion price for at least 15 trading days. The adjustment aims to enhance the investment value of the bonds and support the company's long-term development.

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Full Translation

AI Translation· azure_openai

Beijing Kelong Software System Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions.

Special Reminder:

  1. Bond Code: 123157
  2. Conversion Price Before Adjustment: 16.01 RMB/share
  3. Conversion Price After Adjustment: 13.20 RMB/share
  4. Effective Date of Adjusted Conversion Price: May 6, 2026

I. Basic Information on Convertible Bonds

(1) Issuance of Convertible Bonds

Approved by the China Securities Regulatory Commission (CSRC) document "Zheng Jian Xu Ke [2022] No. 1567", Beijing Kelong Software System Co., Ltd. issued 4.946 million convertible bonds at a face value of 100 RMB each on August 30, 2022, with a total issuance amount of 494.60 million RMB. The issuance method involved preferential allocation to existing shareholders, and any remaining bonds (including those waived by existing shareholders) were issued to the public through the Shenzhen Stock Exchange trading system. Any shortfall in subscription amount was underwritten by the lead underwriter, CITIC Securities.

(2) Listing of Convertible Bonds

With the approval of the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"), the 494.60 million RMB convertible bonds were listed for trading on September 20, 2022, under the name "Kelong Convertible Bonds" and bond code "123157".

(3) Conversion Period of Convertible Bonds

According to the relevant provisions of the "SZSE Listing Rules for Growth Enterprises" and the agreements in the prospectus, the conversion period for these convertible bonds is from March 6, 2023, to August 29, 2028.

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