Tibet Cheezheng convertible bonds near redemption threshold

Tibet Cheezheng Tibetan Medicine's stock closed at or above 130% of its convertible bond conversion price for nine trading days between July 21-August 1, 2025, reaching 24.713 yuan per share.

If this condition persists for 15 out of 30 consecutive trading days, the company may redeem the outstanding 800 million yuan bonds at face value plus interest.