Shuangliang Energy Saving: "Shuangliang Convertible Bonds" Trigger Redemption Conditions, the company has decided not to redeem them early.

Shuangliang Energy announced that the company issued 2.6 billion yuan worth of "Shuangliang Convertible Bonds" on August 8, 2023, with a maturity of 6 years. The conversion price of "Shuangliang Convertible Bonds" has been adjusted multiple times and is now 6.18 yuan per share. From January 26, 2026 to February 13, if the company's stock closes at a price not lower than 130% of the current conversion price for at least 15 out of 30 consecutive trading days, it will trigger a conditional redemption clause. On February 13, the board of directors decided not to redeem the "Shuangliang Convertible Bonds" early this time, and if it is triggered again within the next 3 months, they will not exercise the early redemption right. The company's controlling shareholders have not traded the "Shuangliang Convertible Bonds" in the six months prior to meeting the redemption conditions, and the sponsoring institution has no objections to this.