Securities Code: 301186
Bond Code: 123187
Securities Abbreviation: Superd Equipment
Bond Abbreviation: Superd Convertible Bond
Announcement Number: 2026-059
Nantong Superd Automation Equipment Co., Ltd.
Announcement on Potential Redemption Condition Fulfillment for "Superd Convertible Bonds"
The Company and the Board of Directors of the Company guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false representations, misleading statements, or material omissions.
Special Reminder:
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From August 3, 2026, to August 14, 2026, the closing price of the Company's stock has been no less than 130% of the current conversion price of "Superd Convertible Bonds" (RMB 21.77 per share), which is RMB 28.30 per share, for ten trading days.
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If the conditional redemption clause of "Superd Convertible Bonds" is triggered in the future (i.e., during the conversion period of the convertible corporate bonds issued in this offering, if the Company's stock price is no less than 130% of the current conversion price for at least fifteen out of any thirty consecutive trading days), then according to the relevant provisions of the conditional redemption clause in the "Prospectus for the Offering of Convertible Corporate Bonds to Non-specific Targets and Listing on the ChiNext Market" (hereinafter referred to as the "Prospectus"), the Company's Board of Directors has the right to decide to redeem all or part of the un-converted "Superd Convertible Bonds" at the price of the face value plus accrued interest.
We kindly ask investors to thoroughly understand the relevant regulations of this convertible corporate bond and pay attention to the Company's subsequent announcements, and to be aware of investment risks.
I. Issuance and Listing of Convertible Corporate Bonds
(I) Issuance of Convertible Corporate Bonds
With the approval of the China Securities Regulatory Commission (hereinafter referred to as the "CSRC")'s "Approval on the Registration of Nantong Superd Automation Equipment Co., Ltd. for the Offering of Convertible Bonds to Non-specific Targets" (Document No. [2023]564), the Company issued 4.69 million convertible corporate bonds (hereinafter referred to as "convertible bonds") in April 2023. The face value of each bond is RMB 100.00, and the total amount raised is RMB 469.00 million. After deducting issuance expenses, the net amount raised is RMB 462.7471 million.
The sponsor, after deducting underwriting fees of RMB 2.90 million, remitted the remaining raised funds of RMB 466.10 million to the Company's special account for raised funds on April 11, 2023. The above fund arrival situation has been audited by Tianheng Certified Public Accountants (Special General Partnership), and verified by the "Tianheng Audit Letter (2023) No. 00041".
(II) Listing of Convertible Corporate Bonds
With the approval of the Shenzhen Stock Exchange, the Company's convertible corporate bonds were listed and traded on the Shenzhen Stock Exchange from April 25, 2023. The bond abbreviation is "Superd Convertible Bond" and the bond code is "123187".
(III) Conversion Period of Convertible Corporate Bonds
According to the relevant provisions of the "Shenzhen Stock Exchange GEM Stock Listing Rules" and the "Prospectus", the conversion period of the convertible corporate bonds issued in this offering shall be from the first trading day after six months from the date of the end of the offering (April 11, 2023) to the maturity date of the convertible bonds, i.e., from October 11, 2023, to April 3, 2029.
(IV) Previous Adjustments to the Conversion Price of Convertible Corporate Bonds
According to the provisions of the "Prospectus", the initial conversion price of the convertible bonds issued in this offering is RMB 33.00 per share.