Securities Code: 300793
Bond Code: 123237
Securities Abbreviation: Jiahe Intelligent
Bond Abbreviation: Jiahe Convertible Bond
Announcement Number: 2026-066
Jiahe Intelligent Technology Co., Ltd.
Announcement on the Expected Trigger of Downward Adjustment Conditions for Convertible Bond Conversion Price
The Company and its Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed in this announcement and are not aware of any false representations, misleading statements, or significant omissions.
Special Reminder:
-
Securities Code: 300793 Securities Abbreviation: Jiahe Intelligent
-
Bond Code: 123237 Bond Abbreviation: Jiahe Convertible Bond
-
Conversion Price: 13.46 RMB/share
-
Conversion Period: July 10, 2024, to January 3, 2030
-
According to the provisions of the "Prospectus for the Offering of Convertible Corporate Bonds to Unspecified Objects" (hereinafter referred to as the "Prospectus") of the convertible corporate bonds (hereinafter referred to as "convertible bonds") issued by the company: during the term of the convertible bonds, if the closing price of the company's stock is lower than 85% of the current conversion price for at least fifteen trading days within any thirty consecutive trading days, the Company's Board of Directors has the right to propose a downward adjustment plan for the conversion price and submit it to the Company's shareholders' meeting for deliberation and voting. If there have been adjustments to the issuer's conversion price due to ex-rights or ex-dividend events within the aforementioned trading days, the calculation shall be based on the conversion price and closing price before the adjustment for trading days before the adjustment date, and on the conversion price and closing price after the adjustment for trading days on and after the adjustment date.
From June 26, 2026, to July 10, 2026, the closing prices of the company's stock have been lower than 85% of the current conversion price (i.e., 13.46 RMB/share) for 10 trading days, and it is expected that the conversion price of "Jiahe Convertible Bond" may be triggered for a downward adjustment. If the condition for adjusting the conversion price is triggered, the Company will promptly fulfill the subsequent deliberation procedures and information disclosure obligations in accordance with the provisions of the "Prospectus." Investors are kindly advised to pay attention to investment risks.
I. Overview of Convertible Corporate Bonds
(I) Issuance of Convertible Corporate Bonds
With the approval of the China Securities Regulatory Commission's Permit (2023) No. 182, "Approval for Jiahe Intelligent Technology Co., Ltd. to Issue Convertible Corporate Bonds to Unspecified Objects," Jiahe Intelligent Technology Co., Ltd. (hereinafter referred to as the "Company") issued 10,040,000 convertible corporate bonds to unspecified objects on January 4, 2024, with a face value of 100 RMB per bond. The total amount raised was 1,004,000,000 RMB. After deducting related issuance expenses of 10,088,444.39 RMB (excluding tax), the net amount raised was 993,911,555.61 RMB. Tianzhi International Certified Public Accountants (Special General Partnership) audited and issued the "Tianzhi Accounting Firm (Special General Partnership) [2024] No. 1127" "Capital Verification Report of Jiahe Intelligent Technology Co., Ltd.," confirming the receipt of the above raised funds.
(II) Listing of Convertible Corporate Bonds
With the approval of the Shenzhen Stock Exchange, the Company's convertible bonds were listed and traded on the Shenzhen Stock Exchange on January 24, 2024. The bond abbreviation is "Jiahe Convertible Bond," and the bond code is "123237."