Securities Code: 301098
Bond Code: 123198
Securities Abbreviation: Jinpu Garden
Bond Abbreviation: Jinpu Convertible Bond
Announcement Number: 2026-081
Jinpu Garden Co., Ltd.
Ninth Reminder Announcement on Early Redemption of Jinpu Convertible Bonds
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false representations, misleading statements, or material omissions.
Special Reminder:
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Convertible Bond Redemption Date: June 23, 2026
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Convertible Bond Redemption Price: 100.062 yuan/share (including interest and tax)
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Convertible Bond Redemption Funds Arrival Date: June 30, 2026
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Convertible Bond Trading Suspension Date: June 17, 2026
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Convertible Bond Conversion Suspension Date: June 23, 2026
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Convertible Bond Redemption Condition Met Date: May 29, 2026
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Convertible Bond Redemption Registration Date: June 22, 2026
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Issuer's Redemption Funds Arrival Date (to ChinaClear account): June 26, 2026
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Redemption Category: Full Redemption
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According to the arrangement, "Jinpu Convertible Bonds" that have not been converted into shares by the close of trading on June 22, 2026, will be mandatorily redeemed. Upon completion of this redemption, "Jinpu Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Bondholders are reminded to convert their bonds within the deadline. If "Jinpu Convertible Bonds" held by bondholders are pledged or frozen, it is recommended to release the pledge or freeze before the trading suspension date to avoid situations where conversion is impossible due to inability to convert, leading to mandatory redemption.
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Bondholders who convert their bonds need to open an account for the ChiNext market. Investors who do not meet the suitability management requirements for ChiNext stocks cannot convert their "Jinpu Convertible Bonds" into shares. Investors are hereby reminded of the risk of not being able to convert.
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Risk Warning: Due to the significant difference between the current secondary market price of "Jinpu Convertible Bonds" and the redemption price, bondholders are reminded to convert their bonds within the deadline. If investors fail to convert their bonds in a timely manner, they may face losses. Investors are kindly requested to pay attention to the risks.
I. Overview of Redemption
From May 11, 2026, to May 29, 2026, the stock price of Jinpu Garden Co., Ltd. (hereinafter referred to as the "Company") met the condition of being not less than 130% of the current conversion price (7.55 yuan/share) for at least fifteen trading days within any thirty consecutive trading days. According to the "Conditional Redemption Clause" in the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by Jinpu Garden Co., Ltd." (hereinafter referred to as the "Prospectus"), the Company has the right to redeem all or part of the un-converted convertible corporate bonds at face value plus accrued interest.
On May 29, 2026, the Company held the 35th meeting of the Fifth Board of Directors, which deliberated and approved the "Proposal on Early Redemption of 'Jinpu Convertible Bonds'". Considering the current market and the Company's actual situation, after careful consideration, the Company's Board of Directors decided to exercise the early redemption right of "Jinpu Convertible Bonds" and redeem all un-converted "Jinpu Convertible Bonds" at the close of the redemption registration date at face value plus accrued interest. The management is authorized to handle the subsequent redemption matters of "Jinpu Convertible Bonds". The relevant matters of the early redemption of "Jinpu Convertible Bonds" are hereby announced as follows:
(I) Basic Information of "Jinpu Convertible Bonds"
- Basic Information on Issuance and Listing
Approved by the China Securities Regulatory Commission's "Approval on the Registration of Convertible Corporate Bonds Issued by Jinpu Garden Co., Ltd. to Unspecified Objects" (Document No. [2023] 742), the Company issued 5.20 million convertible corporate bonds on June 8, 2023, with a face value of 100 yuan per bond, for a total issuance amount of 520 million yuan.
With the approval of the Shenzhen Stock Exchange, the Company's 520 million yuan convertible corporate bonds will be listed and traded on the Shenzhen Stock Exchange on July 7, 2023, with the bond abbreviation "Jinpu Convertible Bond" and bond code "123198".