Securities Code: 300673
Bond Code: 123133
Securities Abbreviation: Pedi Shares
Bond Abbreviation: Pedi Convertible Bond
Announcement Number: 2026-051
Pedi Animal Nutrition Technology Co., Ltd.
Announcement on Downward Adjustment of Pedi Convertible Bond Conversion Price
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
Special Notes:
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Securities Code: 300673
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Bond Code: 123133
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Pre-adjustment Conversion Price: RMB 17.33/share
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Post-adjustment Conversion Price: RMB 15.00/share
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Effective Date of Post-adjustment Conversion Price: July 13, 2026
On July 10, 2026, Pedi Animal Nutrition Technology Co., Ltd. (hereinafter referred to as the "Company") held the 21st meeting of the Fourth Board of Directors, which deliberated and approved the "Proposal on Downward Adjustment of Pedi Convertible Bond Conversion Price." According to the resolution and authorization of the Company's Second Extraordinary General Meeting of Shareholders in 2026, the Board of Directors decided to adjust the conversion price of Pedi Convertible Bonds from RMB 17.33/share to RMB 15.00/share, effective from July 13, 2026. In accordance with the "Prospectus for the Issuance of Convertible Corporate Bonds by Pedi Animal Nutrition Technology Co., Ltd. to Unspecified Objects" (hereinafter referred to as the "Prospectus") and the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange regarding the issuance of convertible corporate bonds, the specific situation is announced as follows:
I. Issuance and Listing of Convertible Corporate Bonds
With the approval of the Shenzhen Stock Exchange and the registration approval from the China Securities Regulatory Commission ("Approval of Registration for the Issuance of Convertible Corporate Bonds by Pedi Animal Nutrition Technology Co., Ltd. to Unspecified Objects," CSRC License [2021] No. 3596), the Company is permitted to issue convertible corporate bonds with a face value not exceeding RMB 720,000,000.00 to unspecified objects.
The name of the convertible corporate bonds issued by the Company is Pedi Convertible Bond. Each bond has a face value of RMB 100 and is issued at par. A total of 7.2 million bonds were issued, with a term of 6 years.
The total amount of funds to be raised by the Company through the issuance of convertible corporate bonds is RMB 720,000,000.00. After deducting underwriting and issuance fees, intermediary fees, handling fees, information disclosure fees, and other related expenses, the net proceeds from the fundraising amount to RMB 711,859,782.01. These funds were deposited into a dedicated account on December 28, 2021. Zhonghui Certified Public Accountants (Special General Partnership) audited the receipt of the funds raised by the Company for the issuance of convertible corporate bonds to unspecified objects as of December 28, 2021, and issued the "Verification Report on the Receipt of Bond Proceeds" (Zhonghui Audit [2021] No. 8205).
Pedi Convertible Bonds were listed on January 21, 2022. The bond abbreviation is Pedi Convertible Bond, the bond code is 123133. The conversion period starts from the first trading day six months after the issuance completion date (December 28, 2021), which is June 28, 2022, and ends on the maturity date, December 21, 2027.
II. Determination and Historical Changes of Conversion Price
(I) Determination of Initial Conversion Price
According to the "Prospectus" and the relevant regulations of the China Securities Regulatory Commission on the issuance of convertible corporate bonds, the initial conversion price of Pedi Convertible Bonds was RMB 19.92/share.
(II) Historical Changes of Conversion Price