Jinpu Garden Co., Ltd. (Stock Code: 301098, Bond Code: 123198) announces the first notice regarding the early redemption of Jinpu Convertible Bonds. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
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Redemption Date: June 23, 2026
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Redemption Price: 100.062 CNY per bond (including interest and tax)
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Funds Arrival Date: June 30, 2026
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Trading Halt Date: June 17, 2026
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Conversion Halt Date: June 23, 2026
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Redemption Condition Satisfaction Date: May 29, 2026
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Redemption Registration Date: June 22, 2026
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Issuer's Funds Arrival Date (to China Clearing Account): June 26, 2026
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Redemption Type: Full Redemption
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According to the arrangement, any unconverted "Jinpu Convertible Bonds" after the market close on June 22, 2026, will be forcibly redeemed. After this redemption, "Jinpu Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Holders are reminded to convert their bonds within the deadline. If any "Jinpu Convertible Bonds" held by investors are pledged or frozen, it is recommended to lift the pledge or freeze before the trading halt to avoid forced redemption due to inability to convert.
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Bondholders wishing to convert must open trading permissions for the ChiNext board. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their held "Jinpu Convertible Bonds" into stocks, and investors are reminded to pay attention to the risk of being unable to convert.
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Risk Reminder: Due to the significant difference between the current secondary market price of "Jinpu Convertible Bonds" and the redemption price, holders are reminded to convert their bonds within the deadline. If investors fail to convert in time, they may face losses, and all investors are advised to be aware of the risks.
I. Overview of Redemption
From May 11, 2026, to May 29, 2026, the stock of Jinpu Garden Co., Ltd. has met the condition of having at least 15 trading days with a closing price not lower than 130% of the current conversion price of "Jinpu Convertible Bonds" (7.55 CNY/share) within a continuous 30 trading day period. According to the relevant provisions of the "Prospectus for the Issuance of Convertible Corporate Bonds by Jinpu Garden Co., Ltd." (hereinafter referred to as the "Prospectus"), the company has the right to decide to redeem all or part of the unconverted convertible corporate bonds at the bond face value plus accrued interest. The company held the 35th meeting of the 5th Board of Directors on May 29, 2026, and approved the proposal for the early redemption of "Jinpu Convertible Bonds." Considering the current market and the company's actual situation, the board decided to exercise the early redemption rights of "Jinpu Convertible Bonds" and redeem all unconverted "Jinpu Convertible Bonds" at the bond face value plus accrued interest as of the market close on the redemption registration date, authorizing the management to handle subsequent matters related to the redemption of "Jinpu Convertible Bonds."
The relevant matters regarding the early redemption of "Jinpu Convertible Bonds" are announced as follows:
(1) Basic Information of "Jinpu Convertible Bonds"
- Basic Information on Issuance and Listing
Approved by the China Securities Regulatory Commission (CSRC) in the "Approval for Jinpu Garden Co., Ltd. to Issue Convertible Corporate Bonds to Unspecified Objects" (CSRC Permit [2023] No. 742), the company issued 5.2 million convertible corporate bonds at a face value of 100 CNY each on June 8, 2023, with a total issuance amount of 520 million CNY. With the approval of the Shenzhen Stock Exchange, the bonds will be listed for trading on July 7, 2023, under the name "Jinpu Convertible Bonds" and bond code "123198."