300996SZSE
🚨 Material Event

Announcement on Abnormal Fluctuations in Pu Lian Software Convertible Bond Trading

TP-Link Software Co., Ltd.··3 pages

✨ AI Summary

Pu Lian Software announces abnormal trading fluctuations in its convertible bonds, with a cumulative price deviation exceeding 30% over two trading days. The company has investigated and found no undisclosed material information. It highlights the significant premium and valuation risk of the convertible bonds.

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Full Translation

AI Translation· gemini_document

Securities Code: 300996

Bond Code: 123261

Securities Abbreviation: Pu Lian Software

Bond Abbreviation: Pu Lian Convertible Bond

Announcement No.: 2026-051

Pu Lian Software Co., Ltd.

Announcement on Abnormal Fluctuations in Pu Lian Software Convertible Bond Trading

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.

I. Basic Information of Convertible Corporate Bonds

With the approval of the China Securities Regulatory Commission's "Approval on the Registration of Pu Lian Software Co., Ltd. to Issue Convertible Corporate Bonds to Unspecified Objects" (Zheng Jian Xu Ke [2025] No. 2527), Pu Lian Software Co., Ltd. (hereinafter referred to as the Company) has issued 2,429,326 convertible corporate bonds (hereinafter referred to as convertible bonds) to unspecified objects. Each bond has a face value of RMB 100.00 and is issued at face value, with a total issuance amount of RMB 242,932,600.00. The Company's convertible bonds were registered with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited on December 12, 2025. They were listed and traded on the Shenzhen Stock Exchange from December 22, 2025, under the bond abbreviation "Pu Lian Convertible Bond" and bond code "123261". The bond term is 6 years, with interest rates: 0.20% for the first year, 0.40% for the second year, 0.80% for the third year, 1.50% for the fourth year, 2.00% for the fifth year, and 2.50% for the sixth year.

The period for conversion into shares is from June 11, 2026, to December 4, 2031. The initial conversion price for this issuance of convertible bonds was RMB 18.26 per share, and the current conversion price is RMB 12.97 per share.

II. Situation of Abnormal Fluctuations in Convertible Bond Trading

The closing price of the Company's convertible bond trading has deviated from its cumulative increase for two consecutive trading days (July 30, 2026, and July 31, 2026), reaching 31.10% (exceeding 30%). In accordance with the "Implementation Rules for Trading Convertible Corporate Bonds" of the Shenzhen Stock Exchange, this constitutes abnormal trading fluctuations for convertible bonds.

III. Company's Attention and Verification Statement

Regarding the abnormal fluctuations in the Company's stock trading, the Company's Board of Directors has conducted a thorough investigation with the Company, its controlling shareholder, and its actual controller on related matters. The situation is hereby explained as follows:

  1. The Company has not found any information previously disclosed that requires correction or supplementation.

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