Yanggu Huatai announced that the company issued 650 million yuan of “Yanggu Convertible Bonds” in August 2023, and the share conversion period will end on July 26, 2029. Due to multiple profit distributions, restricted stock ownership, and cancellation of share repurchases, the “Yanggu Convertible Bonds” conversion price was adjusted from the initial 9.91 yuan/share to 9.28 yuan/share. From December 15, 2025 to January 6, 2026, a conditional redemption clause has been triggered. On January 6, the company decided not to redeem early this time, and will not exercise the right to early redemption if triggered again within the next six months. The actual controller and other relevant entities had no transactions for the previous six months, and there are no plans to reduce their holdings for the next six months. The sponsoring agency has no objection to this.

Yanggu Huatai announced that the company issued 650 million yuan of “Yanggu Convertible Bonds” in August 2023, and the share conversion period will end on July 26, 2029. Due to multiple profit distributions, restricted stock ownership, and cancellation of share repurchases, the “Yanggu Convertible Bonds” conversion price was adjusted from the initial 9.91 yuan/share to 9.28 yuan/share. From December 15, 2025 to January 6, 2026, a conditional redemption clause has been triggered. On January 6, the company decided not to redeem early this time, and will not exercise the right to early redemption if triggered again within the next six months. The actual controller and other relevant entities had no transactions for the previous six months, and there are no plans to reduce their holdings for the next six months. The sponsoring agency has no objection to this.