Important Content Reminder:
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Redemption price of "Linuo Convertible Bonds": 100.55 CNY per bond (face value plus accrued interest for the current period, with an annual interest rate of 1.00%, and the interest is tax-inclusive). The after-tax redemption price will be subject to the approval of China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "China Clearing").
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Date when redemption conditions are met: February 11, 2026
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Last trading day: March 10, 2026
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Last conversion day: March 13, 2026
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Redemption registration date: March 12, 2026
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Redemption date: March 13, 2026
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Date when funds reach the issuer's account (to China Clearing account): March 18, 2026
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Date when investors receive redemption funds: March 20, 2026
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Redemption type: Full redemption
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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 last conversion day 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 major omissions.
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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.
Risk Reminder: According to the arrangement, "Linuo Convertible Bonds" that have not been converted by the close of trading on March 12, 2026, 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 pay attention to 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 on the Growth Enterprise Market" (hereinafter referred to as "the Prospectus"). The Company held the 18th meeting of the 4th Board of Directors on February 11, 2026, and approved the proposal on the early redemption of "Linuo Convertible Bonds" to reduce financial expenses and capital costs, optimize the capital structure, and based on current market and company conditions, the Board of Directors agreed to exercise the early redemption right of "Linuo Convertible Bonds" and authorized the 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 approval from the China Securities Regulatory Commission 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 with a face value of 100.00 CNY each, 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 and traded on September 14, 2023, under the name "Linuo Convertible Bonds" and bond code "123221."