Securities Code: 300779
Securities Abbreviation: Huicheng Environmental
Announcement Number: 2026-046
Bond Code: 123118
Bond Abbreviation: Huicheng Convertible Bond
Qingdao Huicheng Environmental Technology Group Co., Ltd. announces the abnormal fluctuations in trading of its convertible bonds. The company and the board of directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
I. Basic Information on the Issuance and Listing of Convertible Bonds
Approved by the China Securities Regulatory Commission (CSRC) in its reply on the registration of Qingdao Huicheng Environmental Technology Group Co., Ltd. to issue convertible bonds to unspecified objects (CSRC Permit [2021] No. 1178), the company publicly issued 3.2 million convertible bonds on July 7, 2021, with a face value of 100 yuan each, totaling 320 million yuan. The term is 6 years, with coupon rates of 0.5% in the first year, 0.7% in the second year, 1.2% in the third year, 1.8% in the fourth year, 2.5% in the fifth year, and 3.0% in the sixth year. With the approval of the Shenzhen Stock Exchange (SZSE), the convertible bonds began trading on July 26, 2021, under the abbreviation "Huicheng Convertible Bond" and bond code "123118." The conversion period for the Huicheng Convertible Bond is from January 13, 2022, to July 6, 2027. The initial conversion price was 17.11 yuan/share, and the current conversion price is 14.59 yuan/share.