Securities Code: 301626
Securities Abbreviation: Suzhou Tianmai
Announcement Number: 2026-032
Suzhou Tianmai Thermal Technology Co., Ltd.
Resolution Announcement of the 18th Meeting of the Third Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
I. Meeting Convening Situation
The 18th meeting of the Third Board of Directors of Suzhou Tianmai Thermal Technology Co., Ltd. (hereinafter referred to as the "Company") was held on July 29, 2026, in the Company's meeting room, combining on-site and teleconference methods. The meeting notice was sent via email and other means on July 24, 2026. Seven directors were required to attend, and seven directors actually attended (some directors participated via teleconference). The meeting was presided over by Chairman Mr. Xie Yi. Other senior management personnel of the Company were present at the meeting. The convening and procedures of this meeting comply with relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association of Suzhou Tianmai Thermal Technology Co., Ltd."
II. Board of Directors Deliberation Situation
After careful deliberation by the attending directors, the following resolutions were formed:
- Deliberated and approved the "Proposal on Further Clarifying the Company's Plan for Issuing Convertible Corporate Bonds to Unspecified Targets" item by item.
The Company's registration application for issuing convertible corporate bonds to unspecified targets (hereinafter referred to as "convertible bonds") has obtained the "Approval on Suzhou Tianmai Thermal Technology Co., Ltd. Issuing Convertible Corporate Bonds to Unspecified Targets" (Securities Regulatory Permit (2026) No. 1514) issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"). Based on the authorization from the third extraordinary general meeting of shareholders in 2025 and the requirements of relevant laws and regulations, combined with the Company's actual situation and market conditions, the Board of Directors has further clarified the plan for issuing convertible corporate bonds. The specific contents are as follows:
(I) Type of Securities to be Issued
The type of securities to be issued is convertible corporate bonds that can be converted into the Company's A-share stock. The convertible bonds to be issued and the A-share stock to be converted in the future will be listed on the ChiNext market of the Shenzhen Stock Exchange.
Voting results: 7 votes in favor, 0 votes against, 0 abstentions, 0 recused.
(II) Issuance Scale
The total amount of funds to be raised by issuing convertible bonds is RMB 78,600.00 million, with an issuance volume of 7,860,000 units.
(III) Face Value and Issuance Price
The face value of each convertible corporate bond to be issued is RMB 100, and it will be issued at par.
(IV) Bond Term
The term of the convertible corporate bonds to be issued is 6 years from the date of issuance, i.e., from August 3, 2026, to August 2, 2032 (if it falls on a statutory holiday or rest day, it will be postponed to the first trading day thereafter; interest payments during the postponed period will not be compounded).
(V) Bond Interest Rate
Year 1: 0.10%, Year 2: 0.30%, Year 3: 0.60%, Year 4: 1.00%, Year 5: 1.50%, Year 6: 2.00%.
Within 5 trading days after the maturity of the convertible corporate bonds to be issued, the Company will redeem the convertible corporate bonds that have not been converted at a price of 110% of their face value (including the last interest payment).