301059SZSE
🚨 Material Event

Announcement on the Reminder of the Triggering Conditions for the Conversion Price Adjustment of Sanjiang Convertible Bonds

Jin Sanjiang Co., Ltd.··3 pages

✨ AI Summary

Sanjiang (Zhaoqing) Silicon Material Co., Ltd. announces that its stock price has fallen below 85% of the current conversion price for ten consecutive trading days. This may trigger a downward adjustment of the conversion price for its convertible bonds. The company will follow regulations and its prospectus for subsequent procedures and disclosures. Investors are advised to be aware of investment risks.

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Full Translation

AI Translation· gemini_document

Securities Code: 301059

Bond Code: 123273

Securities Abbreviation: Sanjiang

Bond Abbreviation: Sanjiang Convertible Bond

Announcement No.: 2026-038

Sanjiang (Zhaoqing) Silicon Material Co., Ltd.

Announcement on the Reminder of the Triggering Conditions for the Conversion Price Adjustment of Sanjiang Convertible Bonds

The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Key Information Reminder:

● Bond Code: 123273 Bond Abbreviation: Sanjiang Convertible Bond

● Current Conversion Price: RMB 14.43 per share

● Conversion Period: December 24, 2026 to June 16, 2032

● From June 18, 2026 to July 6, 2026, the closing price of Sanjiang (Zhaoqing) Silicon Material Co., Ltd. (hereinafter referred to as the "Company") stock has been lower than 85% of the current conversion price (i.e., RMB 12.2655 per share, approximately RMB 12.27 per share after rounding) for ten trading days. It is expected that the conditions for a downward adjustment of the conversion price of "Sanjiang Convertible Bond" may be triggered subsequently. If the conditions for conversion price adjustment are triggered, the Company will fulfill the subsequent deliberation procedures and information disclosure obligations in a timely manner in accordance with relevant regulations and the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by Sanjiang (Zhaoqing) Silicon Material Co., Ltd." (hereinafter referred to as the "Prospectus"). Investors are kindly advised to pay attention to investment risks.

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