Securities Code and Name
Securities Code: 300948
Securities Abbreviation: Guan Zhong Ecological
Announcement Number: 2026-010
Bond Code: 123207
Bond Abbreviation: Guan Zhong Convertible Bonds
Announcement on Not Redeeming "Guan Zhong Convertible Bonds" Early
Special Reminder:
- From January 29, 2026, to February 26, 2026, the stock of Qingdao Guan Zhong Ecological Co., Ltd. (hereinafter referred to as "the Company") has met the condition that in any consecutive thirty trading days, at least fifteen trading days had a closing price not lower than 130% of the current conversion price of the "Guan Zhong Convertible Bonds" (i.e., 10.44 yuan/share), which is 13.572 yuan/share. According to the conditional redemption clause in the "Prospectus for the Issuance of Convertible Corporate Bonds by Qingdao Guan Zhong Ecological Co., Ltd." (hereinafter referred to as "the Prospectus"), the conditional redemption clause for the "Guan Zhong Convertible Bonds" has been triggered (i.e., during the conversion period of this convertible bond, if the closing price of the company's stock is not lower than 130% of the current conversion price for at least fifteen trading days in any consecutive thirty trading days, the company has the right to redeem all or part of the unconverted convertible bonds at the face value plus accrued interest).
- The Company held the eighth meeting of the fifth board of directors on February 26, 2026, and approved the proposal on not redeeming the "Guan Zhong Convertible Bonds" early. The board of directors decided not to exercise the early redemption right of the "Guan Zhong Convertible Bonds" and will not redeem them early. In the next three months (from February 27, 2026, to May 26, 2026), if the conditional redemption clause is triggered again, the Company and all members of the board of directors guarantee that the content of information disclosure is true, accurate, complete, and does not contain false records, misleading statements, or major omissions. The Company will not exercise the early redemption right during this period. After the first trading day following May 26, 2026, if the "Guan Zhong Convertible Bonds" trigger the above conditional redemption clause again, the board of directors will hold another meeting to decide whether to exercise the early redemption right and will fulfill the information disclosure obligations in a timely manner.