Eve Energy issues second alert for convertible bond put option

Eve Energy has issued a second cautionary announcement regarding the put option for its "EVE convertible bonds," following a resolution to change the construction content and investment total of a fundraising project. Bondholders can exercise their put option from September 10, 2025, to September 16, 2025, with a put price of 100.09 yuan per bond (including interest and tax). The company's funds for the put option will be available by September 19, 2025, and investor funds will be disbursed by September 23, 2025.

The put price is calculated based on a current annual coupon rate of 0.20% and 170 days of accrued interest, amounting to 0.09 yuan per bond. Individual investors will receive 100.07 yuan per bond after a 20% income tax deduction, while qualified foreign institutional investors (QFII and RQFII) will receive the full 100.09 yuan per bond due to tax exemption.

The company emphasizes that the put option is not mandatory. As of the announcement date, the closing price of the "EVE convertible bonds" was higher than the put price, meaning investors choosing to exercise the put option may incur a loss. The bonds will remain tradable during the put option period.