Securities Code: 300737 Securities Abbreviation: Keshun Co., Ltd. Announcement No.: 2026-034
Bond Code: 123216 Bond Abbreviation: Keshun Convertible Bond
Keshun Waterproof Technology Co., Ltd.
Announcement on Not Lowering the Conversion Price of "Keshun Convertible Bond"
The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there is no false record, misleading statement, or major omission.
Special Reminders:
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From July 13, 2026, to July 31, 2026, the company's stock price has appeared for at least fifteen trading days within any consecutive thirty trading days where the closing price was lower than 85% of the current conversion price, triggering the downward adjustment clause for the "Keshun Convertible Bond" conversion price.
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On July 31, 2026, the Company convened the 22nd meeting of the Fourth Board of Directors and deliberated and passed the "Proposal on Not Lowering the Conversion Price of 'Keshun Convertible Bond'". The Board of Directors decided not to lower the conversion price of "Keshun Convertible Bond". Furthermore, for the six months following the approval of this Board meeting (from August 1, 2026, to January 31, 2027), if the downward adjustment clause for the "Keshun Convertible Bond" conversion price is triggered again, no downward adjustment proposal will be submitted. The period for the next trigger of the conversion price adjustment condition will be recalculated from February 1, 2027. If the downward adjustment clause for the "Keshun Convertible Bond" conversion price is triggered again, the Company's Board of Directors will convene another meeting at that time to decide whether to exercise the right to lower the conversion price of "Keshun Convertible Bond".
I. Basic Information of Convertible Corporate Bonds
Upon the approval of the "China Securities Regulatory Commission Approval (2023) No. 1281" document, Keshun Waterproof Technology Co., Ltd. (hereinafter referred to as the "Company") issued 21.98 million convertible corporate bonds to unspecified targets on August 4, 2023.