Special Reminder:
- This equity change is primarily due to Qingdao Guanzhong Ecology Co., Ltd. (hereinafter referred to as "the Company") issuing convertible bonds to unspecified objects, resulting in an increase in the total share capital. The shareholding ratio of major shareholder Qingdao Guanzhong Investment Group Co., Ltd. (hereinafter referred to as "Guanzhong Investment") and its concerted actors, Ms. Xu Jianping, Qingdao Herong Investment Co., Ltd. (hereinafter referred to as "Herong Investment"), and Qingdao Bozheng Investment Co., Ltd. (hereinafter referred to as "Bozheng Investment"), was passively diluted from 29.73% to 28.96%, reaching a 1% integer threshold.
- This equity change does not involve a change in the number of shares held by shareholders, does not involve a tender offer, will not lead to changes in the controlling shareholder or actual controller of the company, and will not affect the company's governance structure and ongoing operations.
Basic Situation of the Equity Change
The China Securities Regulatory Commission issued the "Approval of Qingdao Guanzhong Ecology Co., Ltd. for the Registration of Convertible Bonds Issued to Unspecified Objects" (Zheng Jian Xu Ke [2023] No. 1384), approving the registration. On July 21, 2023, the company issued 4,000,000 convertible bonds, each with a face value of 100 yuan, raising a total of 400,000,000 yuan. After deducting total issuance costs (excluding VAT) of 8,500,943.39 yuan, the actual net funds raised amounted to 391,499,056.61 yuan. With the approval of the Shenzhen Stock Exchange, the convertible bonds began trading on August 9, 2023, under the name "Guanzhong Convertible Bonds" and code "123207". According to the "Prospectus for the Issuance of Convertible Bonds by Qingdao Guanzhong Ecology Co., Ltd. to Unspecified Objects" (hereinafter referred to as "the Prospectus"), the conversion period for the convertible bonds is from the first trading day after six months from the end of the issuance (July 27, 2023, T+4 day) until the maturity date of the convertible bonds, from January 29, 2024, to July 20, 2029 (if encountering legal holidays or rest days, it will be extended to the next trading day; interest during the extension period will not accrue additional interest). According to the Prospectus, the initial conversion price of the company's convertible bonds is 16.56 yuan/share. As of the date of this announcement, the conversion price of "Guanzhong Convertible Bonds" is 10.44 yuan/share.