Securities Code: 301040 Securities Abbreviation: Zhonglu High-End Securities Code: 123155 Securities Abbreviation: Zhonglu Convertible
Announcement No.: 2026-029
Zhangjiagang Zhonglu High-End Equipment Co., Ltd.
Announcement on Anticipated Triggering of Downward Adjustment Conditions for Conversion Price
The Company and its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this report and shall bear individual and joint legal responsibility for any false representations, misleading statements or material omissions herein.
Special Reminder:
-
Securities Code: 301040 Securities Abbreviation: Zhonglu High-End
-
Securities Code: 123155 Securities Abbreviation: Zhonglu Convertible
-
Conversion Price: 31.76 Yuan/share
-
Stock Term: February 20, 2023 to August 11, 2028
-
As of the closing of the trading session on July 7, 2026, the closing price of the company's stock has fallen below 85% of the current conversion price of "Zhonglu Convertible" for 10 trading days. The Board of Directors has the right to propose a downward adjustment of the conversion price and submit it to the shareholders' meeting for deliberation.
I. Listing and Trading of Convertible Bonds
(I) Convertible Bond Issuance
The convertible bonds issued by the company (hereinafter referred to as "Zhonglu Convertible") were publicly offered to social investors through the SZSE's online trading system, with the balance underwritten by the sponsor (lead underwriter).
(II) Convertible Bond Listing Information
With the approval of the SZSE, the company's convertible bonds were listed and traded on the SZSE starting from August 31, 2022. The bond abbreviation is "Zhonglu Convertible" and the bond code is "123155".