Baolite: Controlling shareholder plans to change control rights, stock and convertible bonds suspended.

Baolai Te announced that the controlling shareholder is planning a change in control. As the matter is still uncertain, the company's stock and "Baolai convertible bonds" will be suspended from trading starting August 3, 2026, and the "Baolai convertible bonds" will suspend conversion. The "Baolai Te blood purification industrial base and research center project" has been completed, while parts of the "marketing network and information technology construction project" are intended for completion, and some will be terminated. The remaining raised funds of 60.6631 million yuan are intended to permanently supplement working capital. China Chengxin Pengyuan maintains the company's issuer credit rating and "Baolai convertible bonds" credit rating at AA-, with a negative rating outlook.