Jiahua Energy (600273): Price Adjustment Of Exchangeable Bonds And Convertible Bonds

Zhejiang Jiaxing energy chemical Limited by Share Ltd, controlling shareholder, non-public offering exchangeable corporate bonds

Notice of stock price adjustment

Zhejiang Jiahua energy chemical Limited by Share Ltd (hereinafter referred to as "company" or "Jiahua energy") received the notification letter of the Zhejiang based Jiahua group Limited by Share Ltd (hereinafter referred to as "Jiahua group") to adjust the price of non-public offering exchangeable corporate bonds in June 11, 2020.

I. The basic situation of exchangeable corporate bonds

Jia Hua group received the letter from the Shanghai Stock Exchange (hereinafter referred to as "Shanghai Stock Exchange") about the transfer of the convertible bonds of the Limited by Share Ltd non-public Development Bank of Zhejiang Jiahua group, without any objection. (letter number: Shanghai letter [2019]635), Jiaxin group takes the part of A shares of its holding company as the target, and the total amount of non-public offering to qualified investors is not super. Over 1 billion yuan of exchangeable bond is in line with the transfer terms of the Shanghai Stock Exchange, and the Shanghai Stock Exchange has no objection to its listing transfer. In June 11, 2019 and July 26th, Jiaxin group issued 2019 non-public offering exchangeable corporate bonds (phase I) (referred to as "19 Ka EB01") and (phase second) (referred to as "19 Ka EB02") respectively, and together raised 1 billion yuan. Refer to the notice issued by the company on the issuance of convertible bonds (phase I) of the non-public development companies of the controlling shareholders in the designated media.

2019-064) and the announcement on the issuance of the convertible bonds of the controlling shareholders (second phase) (Bulletin number: 2019-074). The above exchangeable corporate bonds entered into the stock exchange in December 11, 2019 and January 23, 2020 respectively. The detailed notice of the company's announcement on the conversion period of the non-public Development Bank convertible bonds (phase I) of the controlling shareholders in the designated media is announced (Bulletin number: 2019-098).

And the "reminder notice of the controlling shareholder's non-public Development Bank exchangeable corporate bonds (phase second) entering the exchange period in 2019" (Bulletin number: 2020-003).

Two, the price of convertible bonds can be adjusted.

Jiahua energy implemented the 2019 equity allocation plan in June 5, 2020. The company intends to take 1432730543 shares of the total stock market in June 4, 2020 (stock registration date), deduct 40785336 shares of the repurchased shares, that is, 1391945207 shares as the base, and distribute the cash dividends to all shareholders every 10 shares, including 1.65 yuan (including tax), and the total cash dividends are 229670959.16 yuan. According to the prospectus, when the underlying shares are sent to Hong Kong stock, capital stock, rights issue and cash dividends, Jiaxing group will adjust the stock price in turn according to the order mentioned above.

Notice hereby.

Zhejiang Jiaxing energy chemical Limited by Share Ltd board

Two June 12th two