Important Notice on Early Redemption of Linuo Convertible Bonds and Upcoming Suspension of Conversion

Important Notice on Early Redemption of Linuo Convertible Bonds and Upcoming Suspension of Conversion

Key Information

1. Last Conversion Date: March 12, 2026
   On March 12, 2026, investors holding Linuo Convertible Bonds can still convert their bonds before market close. After market close on March 12, 2026, unconverted Linuo Convertible Bonds will cease to be convertible and will be forcibly redeemed at a price of 100.55 CNY per bond. Investors may face investment losses if their bonds are forcibly redeemed. As of market close on March 10, 2026, there are only 2 trading days left until the suspension of conversion on March 13, 2026.

2. Bondholders wishing to convert must have access to the ChiNext trading platform. Investors who do not meet the suitability requirements for ChiNext stocks cannot convert their Linuo Convertible Bonds into shares, and investors are reminded to pay attention to the risks of not being able to convert.

3. Special Reminder: Bondholders must read this announcement carefully, fully understand the associated risks, and be mindful of the final conversion time to make prudent investment decisions.

Special Notes

1. Redemption Price of Linuo Convertible Bonds: 100.55 CNY per bond (including accrued interest, with a tax-inclusive annual interest rate of 1.00%). 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").
2. Conditions for Redemption Satisfaction Date: February 11, 2026
3. Suspension of Trading Date: March 10, 2026
4. Suspension of Conversion Date: March 13, 2026
5. Redemption Registration Date: March 12, 2026
6. Redemption Date: March 13, 2026
7. Date of Funds Arrival for Issuer (to China Clearing Account): March 18, 2026
8. Date of Redemption Funds Arrival for Investors: March 20, 2026
9. Redemption Type: Full Redemption
10. After this redemption is completed, Linuo Convertible Bonds will be delisted from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). If any Linuo Convertible Bonds held by bondholders are pledged or frozen, it is recommended to lift the pledge or freeze before the suspension of conversion to avoid being redeemed due to inability to convert.
11. Bondholders wishing to convert must have access to the ChiNext trading platform. Investors who do not meet the suitability requirements for ChiNext stocks cannot convert their Linuo Convertible Bonds into shares, and investors are reminded to pay attention to the risks of not being able to convert.

Risk Warning

According to the arrangement, Linuo Convertible Bonds that have not been converted by market close 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 their bonds 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 Public Issuance of Convertible Corporate Bonds" (hereinafter referred to as "the Prospectus"). The Company held the 18th meeting of the fourth board of directors on February 11, 2026, and approved the proposal for the early redemption of Linuo Convertible Bonds to reduce financial expenses and capital costs, optimize the capital structure, and, after careful consideration of the current market and the Company's situation, 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 matters related to the subsequent redemption of Linuo Convertible Bonds.