Securities Code: 300740
Securities Abbreviation: Shuiyang Co., Ltd.
Announcement No.: 2026-058
Bond Code: 123188
Bond Abbreviation: Shuiyang Convertible Bond
Shuiyang Group Co., Ltd.
Important Announcement Regarding "Shuiyang Convertible Bonds" Face Value Below RMB 30 Million and Impending Cessation of Conversion
The Company and all members of the Board of Directors guarantee that the content of the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
Key Information Highlights:
- Unconverted Bonds
As of the close of trading on July 29, 2026, there were 277,033 "Shuiyang Convertible Bonds" that had not been converted into shares, accounting for 3.99% of the total issuance of 6,949,870 convertible corporate bonds (hereinafter referred to as "Convertible Bonds").
The face value of the unconverted "Shuiyang Convertible Bonds" is RMB 27.7033 million, which is below RMB 30 million.
- Final Conversion Date for Convertible Bonds: August 3, 2026
August 3, 2026, is the last day for "Shuiyang Convertible Bonds" to be converted into shares. Investors holding "Shuiyang Convertible Bonds" can still convert them into shares before the close of trading on that day. After the close of trading on August 3, 2026, "Shuiyang Convertible Bonds" will cease to be convertible, and the remaining "Shuiyang Convertible Bonds" will be mandatorily redeemed at a price of RMB 100.602 per bond. If mandatorily redeemed, investors may face losses.
As of the close of trading on July 30, 2026, there are only 2 trading days left until the cessation of conversion for "Shuiyang Convertible Bonds" (August 4, 2026).
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Bondholders who convert their bonds must have opened GEM trading privileges. Investors who do not meet the suitability management requirements for GEM 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 time limit.
Special Notice:
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Convertible Bond Redemption Date: August 4, 2026
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Convertible Bond Redemption Price: RMB 100.602 per 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 Bonds on the Last Trading Day: Z Yang Convertible Bond
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According to the arrangement, "Shuiyang Convertible Bonds" that have not been converted into shares 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 of "Shuiyang Convertible Bonds" are reminded to convert within the time limit. If the "Shuiyang Convertible Bonds" held by bondholders 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 into shares by the close of trading on August 3, 2026, will be mandatorily redeemed at a price of RMB 100.602 per bond. Currently, there is a significant difference between the secondary market price of "Shuiyang Convertible Bonds" and the redemption price. Holders of "Shuiyang Convertible Bonds" are specially reminded to convert within the time limit. If bondholders do not convert in time, they may face losses. Investors are kindly requested to be aware of the risks.