Jinpu Garden Co., Ltd. (Stock Code: 301098, Bond Code: 123198) announces the following 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, with no false records, misleading statements, or significant omissions.
Special Reminder:
- Redemption Date: June 23, 2026
- Redemption Price: 100.062 CNY per bond (including interest and tax)
- Funds Arrival Date: June 30, 2026
- Trading Suspension Date: June 17, 2026
- Conversion Suspension Date: June 23, 2026
- Redemption Condition Satisfaction Date: May 29, 2026
- Redemption Registration Date: June 22, 2026
- Issuer's Funds Arrival Date (to China Clearing Account): June 26, 2026
- Redemption Type: Full Redemption
- According to the arrangement, any "Jinpu Convertible Bonds" that have not been converted by the close of trading on June 22, 2026, will be forcibly redeemed.
After this redemption is completed, the "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 holders are pledged or frozen, it is recommended to lift the pledge or freeze before the trading suspension date to avoid forced redemption due to inability to convert.
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Bondholders wishing to convert must open a ChiNext trading account. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Jinpu Convertible Bonds" into shares, and investors are advised 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 urged to be aware of the risks.
I. Overview of Redemption Situation 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 (7.55 CNY/share) over a continuous period of 30 trading days. According to the relevant provisions of the "Conditional Redemption Clause" in the "Prospectus for the Issuance of Convertible Bonds by Jinpu Garden Co., Ltd.," the company has the right to decide to redeem all or part of the unconverted convertible bonds at the price of the bond's 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 has decided to exercise the early redemption rights of "Jinpu Convertible Bonds" and redeem all unconverted bonds at the price of the bond's face value plus accrued interest as of the close of trading on the redemption registration date, authorizing the management to handle subsequent matters related to the redemption of "Jinpu Convertible Bonds."
II. Basic Information of "Jinpu Convertible Bonds"
- Basic Issuance and Listing Information:
Approved by the China Securities Regulatory Commission (CSRC) in its reply (Zheng Jian Xu Ke [2023] No. 742), the company issued 5.2 million convertible bonds at a face value of 100 CNY each on June 8, 2023, totaling 520 million CNY. The bonds will be listed on the Shenzhen Stock Exchange on July 7, 2023, under the name "Jinpu Convertible Bonds" and bond code "123198."