Securities Code: 300740 Securities Abbreviation: ShuYang Co., Ltd. Announcement No.: 2026-043
Bond Code: 123188 Bond Abbreviation: ShuYang Convertible Bond
ShuYang Group Co., Ltd.
Third Reminder Announcement on Early Redemption of "ShuYang Convertible Bonds"
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Notes:
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Convertible Bond Redemption Date: August 4, 2026
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Convertible Bond Redemption Price: 100.602 yuan/bond (bond face value plus accrued interest, with a current annual interest rate of 1.80%, including tax). The post-tax redemption price will be subject to the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "ChinaClear").
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Convertible Bond Redemption Funds Arrival Date: August 11, 2026
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Trading Suspension Date: July 30, 2026
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Conversion Suspension Date: August 4, 2026
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Redemption Condition Met Date: July 13, 2026
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Redemption Registration Date: August 3, 2026
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Funds Arrival Date (to ChinaClear account): August 7, 2026
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Redemption Category: Full Redemption
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Abbreviation of Convertible Bond on the Last Trading Day: Z Yang Convertible Bond
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According to the arrangement, "ShuYang Convertible Bonds" that have not been converted into shares by the close of trading on August 3, 2026, will be mandatorily redeemed. After this redemption, "ShuYang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). Bondholders are reminded to pay attention to converting their bonds within the time limit. If bondholders' "ShuYang Convertible Bonds" are pledged or frozen, it is recommended to lift the pledge or freeze before the conversion suspension date to avoid redemption due to inability to convert.
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Bondholders who convert their bonds need to have opened the GEM trading authority. Investors who do not meet the suitability management requirements for GEM stocks cannot convert their "ShuYang Convertible Bonds" into shares. Investors are hereby reminded of the risk of not being able to convert.
Risk Warning: According to the arrangement, "ShuYang Convertible Bonds" that have not been converted into shares by the close of trading on August 3, 2026, will be mandatorily redeemed at a price of 100.602 yuan/bond. There is a significant difference between the current secondary market price of "ShuYang Convertible Bonds" and the redemption price. "ShuYang Convertible Bond" holders are specially reminded to pay attention to converting their bonds within the time limit. If bondholders do not convert their bonds in time, they may face losses. Investors are kindly requested to be aware of the risks.
I. Overview of Redemption
From June 22, 2026, to July 13, 2026, the closing price of ShuYang Group Co., Ltd. (hereinafter referred to as "the Company") stock met the condition of being no less than 130% (inclusive) of the current conversion price for at least fifteen trading days within any thirty consecutive trading days. This triggered the conditional redemption clause in the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by ShuYang Group Co., Ltd. and Listing on the GEM" (hereinafter referred to as the "Prospectus").
The Company held the Fourth Board of Directors' Second Extraordinary Meeting in 2026 on July 13, 2026, and deliberated and approved the "Proposal on Early Redemption of 'ShuYang Convertible Bonds'". In conjunction with the current market and the Company's actual situation, after careful consideration, the Board of Directors agreed to exercise the early redemption right of "ShuYang Convertible Bonds" and authorized the Company's management to handle all subsequent redemption matters for "ShuYang Convertible Bonds". The relevant matters regarding the early redemption of "ShuYang Convertible Bonds" are hereby announced as follows: