Securities Code: 300881 Bond Code: 123270 Securities Abbreviation: Shengde Xintai Bond Abbreviation: Shengde Bond Shengde Xintai New Material Co., Ltd. Announcement on Abnormal Trading Fluctuations of Convertible Bonds Announcement No.: 2026-039
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Overview of Convertible Bond Issuance and Listing
With the approval of the China Securities Regulatory Commission (CSRC) under document No. CSRC (2026) 952, Shengde Xintai New Material Co., Ltd. (hereinafter referred to as the "Company") issued 4,050,968 convertible corporate bonds to unspecified targets on June 1, 2026. Each bond has a face value of RMB 100, with a total issuance of RMB 405,096,800. The bond term is 6 years, with coupon rates as follows: Year 1: 0.20%, Year 2: 0.40%, Year 3: 0.80%, Year 4: 1.50%, Year 5: 2.00%, Year 6: 2.50%.
Upon approval by the Shenzhen Stock Exchange, the aforementioned convertible bonds were listed and traded on the Shenzhen Stock Exchange starting June 12, 2026. The Chinese abbreviation for the bond is "Shengde Bond" and the bond code is "123270". The conversion period for "Shengde Bond" is from December 7, 2026, to May 31, 2032. The initial conversion price for this issuance of convertible bonds was RMB 53.68 per share, and the current conversion price is RMB 53.68 per share.