Important Content Reminder:
- Redemption price of "Linuo Convertible Bonds": 100.55 CNY per bond (face value plus accrued interest, with an annual interest rate of 1.00%, including tax). The after-tax redemption price will be based on the price approved by China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "China Clearing").
- Redemption condition satisfaction date: February 11, 2026
- Trading suspension date: March 10, 2026
- Conversion suspension date: March 13, 2026
- Redemption registration date: March 12, 2026
- Redemption date: March 13, 2026
- Issuer's funds arrival date (to China Clearing account): March 18, 2026
- Investor redemption funds arrival date: March 20, 2026
- Redemption type: Full redemption
- After this redemption is completed, "Linuo Convertible Bonds" will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). Bondholders with pledged or frozen "Linuo Convertible Bonds" are advised to lift the pledge or freeze before the conversion suspension date to avoid being redeemed due to inability to convert. The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Risk Reminder:
Bondholders wishing to convert must open trading permissions for the Growth Enterprise Market. Investors who do not meet the suitability management requirements for Growth Enterprise Market stocks cannot convert their held "Linuo Convertible Bonds" into stocks, and investors are reminded to pay attention to the risk of not being able to convert.
According to the arrangement, as of the close of trading on March 12, 2026, any "Linuo Convertible Bonds" that have not been converted will be forcibly redeemed at a price of 100.55 CNY per bond. Given the significant difference between the current secondary market price of "Linuo Convertible Bonds" and the redemption price, bondholders are particularly reminded to convert within the deadline. If investors fail to convert in time, they may face losses, and investors are advised to be aware of investment risks.
From January 9, 2026, to February 11, 2026, the stock of Shandong Linuo Pharmaceutical Packaging Co., Ltd. (hereinafter referred to as "the Company") has appeared in at least fifteen trading days within any consecutive thirty trading days with a closing price not lower than 130% of the current conversion price of "Linuo Convertible Bonds" (including 130%, i.e., 18.46 CNY/share), triggering the conditional redemption clause stipulated in the Company's "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects" (hereinafter referred to as "the Prospectus").
On February 11, 2026, the Company held the 18th meeting of the 4th Board of Directors, which reviewed and approved the proposal on the early redemption of "Linuo Convertible Bonds". To reduce the Company's financial expenses and capital costs, optimize the capital structure, and considering the current market and the Company's own situation, the Board of Directors prudently decided to exercise the early redemption right of "Linuo Convertible Bonds" and authorized the Company's management and relevant personnel to be responsible for all subsequent matters related to the redemption of "Linuo Convertible Bonds".
I. Basic Information of Convertible Corporate Bonds
(1) Issuance and Listing of Convertible Corporate Bonds
According to the China Securities Regulatory Commission's approval on the registration of Shandong Linuo Special Glass Co., Ltd. to issue convertible corporate bonds to unspecified objects (Zheng Jian Xu Ke [2023] No. 1629), the Company issued 5,000,000 convertible corporate bonds, each with a face value of 100.00 CNY, raising a total of 500,000,000.00 CNY (including issuance costs). With the approval of the Shenzhen Stock Exchange, these convertible corporate bonds were listed for trading on September 14, 2023, under the name "Linuo Convertible Bonds" and bond code "123221".