Securities Code: 300740
Securities Abbreviation: Shuiyang Co., Ltd.
Announcement Number: 2026-057
Bond Code: 123188
Bond Abbreviation: Shuiyang Convertible Bonds
Shuiyang Group Co., Ltd.
Announcement on Early Redemption of "Shuiyang Convertible Bonds" and Upcoming Suspension of Conversion
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Key Information Prompt:
- Last Day for Convertible Bond Conversion: August 3, 2026
August 3, 2026, is the last day for converting "Shuiyang Convertible Bonds." Investors holding "Shuiyang Convertible Bonds" can still convert them before the market closes on that day. After the market closes on August 3, 2026, "Shuiyang Convertible Bonds" will cease to be convertible and will be mandatorily redeemed at a price of 100.602 yuan per bond. Investors may face losses if their bonds are mandatorily redeemed.
As of the close of trading on July 29, 2026, there are only 3 trading days remaining until the suspension of conversion for "Shuiyang Convertible Bonds" (August 4, 2026).
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Bondholders who wish to convert must have opened trading privileges for the ChiNext market. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Shuiyang Convertible Bonds" into shares. Investors are hereby reminded of the risk of being unable to convert.
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Special reminder to holders of "Shuiyang Convertible Bonds" to convert within the deadline.
Special Reminder:
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Convertible Bond Redemption Date: August 4, 2026
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Convertible Bond Redemption Price: 100.602 yuan/bond (face value plus accrued interest, with an annual interest rate of 1.80%, including tax). The post-tax redemption price will be subject to the price approved by China Securities Registration and Settlement Corporation 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 the last trading day for convertible bonds: Z Yang Convertible Bonds
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According to the arrangement, "Shuiyang Convertible Bonds" that have not been converted by the close of trading on August 3, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Shuiyang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). Holders are reminded to convert within the deadline. If bondholders' "Shuiyang Convertible Bonds" are pledged or frozen, it is recommended to release the pledge or freeze before the conversion suspension date to avoid redemption due to inability to convert.
Risk Warning: According to the arrangement, "Shuiyang Convertible Bonds" that have not been converted by the close of trading on August 3, 2026, will be mandatorily redeemed at a price of 100.602 yuan per bond. Currently, the secondary market price of "Shuiyang Convertible Bonds" differs significantly from the redemption price. Holders of "Shuiyang Convertible Bonds" are specially reminded to convert within the deadline. If bondholders fail to convert in a timely manner, they may face losses. Investors are advised to be aware of the risks.
I. Overview of Redemption Situation
From June 22, 2026, to July 13, 2026, Shuiyang Group Co., Ltd. (hereinafter referred to as "the Company") stock met the condition that its closing price was not less than 130% of the current conversion price for at least fifteen trading days within any consecutive thirty trading days. This triggered the conditional redemption clause of "Shuiyang Convertible Bonds."