Announcement Number: 2026-053
Stock Code: 300869
Bond Code: 123151
Stock Abbreviation: Kangtai Medical System
Bond Abbreviation: Kangyi Convertible Bond
Kangtai Medical System (Qinhuangdao) Co., Ltd.
Announcement Regarding the Put Option for "Kangyi Convertible Bond"
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or major omissions.
Special Notice
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Bond Abbreviation: Kangyi Convertible Bond
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Bond Code: 123151
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Face Value of Convertible Bond: 100 yuan/piece
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Put Option Price: 100.295 yuan/piece (including interest and tax)
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Put Option Condition Fulfillment Date: August 11, 2026
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Put Option Application Period: August 13, 2026 to August 19, 2026
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Issuer Fund Arrival Date: August 24, 2026
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Put Option Payment Date: August 25, 2026
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Investor Put Option Payment Arrival Date: August 26, 2026
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"Kangyi Convertible Bond" Conversion to Stock Suspended During Put Option Application Period
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Holders of "Kangyi Convertible Bond" have the option to exercise the put option; this put option is not mandatory.
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Risk Warning: (1) Investors choosing to exercise the put option are equivalent to selling their "Kangyi Convertible Bonds" at 100.295 yuan/piece (including interest and tax). As of now, the closing price of "Kangyi Convertible Bond" is higher than the current put option price. Investors exercising the put option may incur losses. Investors are kindly requested to pay attention to the risks. (2) In the last two interest periods of "Kangyi Convertible Bond," holders of "Kangyi Convertible Bond" can exercise the put option once per year after the put option condition is first met, according to the agreed terms. If the condition is met for the first time and the holder of "Kangyi Convertible Bond" does not apply for and complete the put option during the announced application period, the put option cannot be exercised in that interest period. Holders of "Kangyi Convertible Bond" cannot exercise partial put options multiple times.
The stock of Kangtai Medical System (Qinhuangdao) Co., Ltd. (hereinafter referred to as the "Company") had a closing price lower than 70% of the current conversion price of "Kangyi Convertible Bond" (i.e., 19.29 yuan/piece) for 30 consecutive trading days from July 1, 2026, to August 11, 2026, and "Kangyi Convertible Bond" is currently in its last two interest periods. According to the "Prospectus for the Issuance of Convertible Corporate Bonds by Kangtai Medical System (Qinhuangdao) Co., Ltd. for the GEM Market to Unspecified Targets" (hereinafter referred to as the "Prospectus"), the conditional put option clause of "Kangyi Convertible Bond" has taken effect. The relevant matters regarding the put option for "Kangyi Convertible Bond" are hereby announced as follows:
I. Overview of the Put Option
According to the "Prospectus," the conditional put option clause is stipulated as follows:
- Conditional Put Option Clause