Stock Code: 300869 Bond Code: 123151 Stock Abbreviation: Kangtai Medical Bond Abbreviation: Kangyi Convertible Bond Announcement No.: 2026-058
Kangtai Medical System (Qinhuangdao) Co., Ltd.
Announcement on the Fourth Repurchase of "Kangyi Convertible Bonds"
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Special Reminder
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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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Repurchase Price: 100.295 yuan/piece (including interest and tax)
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Repurchase Condition Fulfillment Date: August 11, 2026
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Repurchase Application Period: August 13, 2026 to August 19, 2026
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Issuer Fund Arrival Date: August 24, 2026
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Repurchase Fund Transfer Date: August 25, 2026
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Investor Repurchase Fund Arrival Date: August 26, 2026
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"Kangyi Convertible Bond" will be suspended from conversion during the repurchase application period.
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Holders of "Kangyi Convertible Bond" have the right to choose whether to repurchase; this repurchase is not mandatory.
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Risk Warning: (1) Investors choosing to repurchase 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 repurchase price, and investors choosing to repurchase may incur losses. Please pay attention to the risks. (2) In the last two interest-bearing periods of "Kangyi Convertible Bond," holders of "Kangyi Convertible Bond" can exercise their repurchase rights once per year after the repurchase conditions are met for the first time. If the holders of "Kangyi Convertible Bond" do not apply for and complete the repurchase during the repurchase application period announced by the company when the repurchase conditions are first met, they cannot exercise their repurchase rights in that interest-bearing period. Holders of "Kangyi Convertible Bond" cannot exercise partial repurchase rights multiple times.
The stock of Kangtai Medical System (Qinhuangdao) Co., Ltd. (hereinafter referred to as the "Company") had a closing price that was continuously below 70% of the current "Kangyi Convertible Bond" conversion price of 27.55 yuan/share (i.e., 19.29 yuan/share) for thirty consecutive trading days from July 1, 2026, to August 11, 2026. Furthermore, the current "Kangyi Convertible Bond"
is in its last two interest-bearing periods. According to the "Prospectus for the Issuance of Convertible Corporate Bonds by Kangtai Medical System (Qinhuangdao) Co., Ltd. to Specially Designated Investors" (hereinafter referred to as the "Prospectus"), the conditional repurchase clause of "Kangyi Convertible Bond" has taken effect. The matters related to the repurchase of "Kangyi Convertible Bond" are hereby announced as follows:
I. Overview of Repurchase
According to the "Prospectus," the provisions of the conditional repurchase clause are as follows:
- Conditional Repurchase Clause
During the last two interest-bearing periods of the convertible bonds issued in