Kehua convertible bond put option: third reminder issued to investors

Shanghai Kehua Bio-Engineering Co., Ltd. has issued its third announcement regarding the put option for its "Kehua Convertible Bonds." This follows the company's stock price falling below 70% of the current conversion price for 30 consecutive trading days. The put option price is set at 100.241 yuan per bond, inclusive of interest and tax, with the put option conditions triggered on September 5, 2025.

The put option declaration period is from September 10 to September 16, 2025, allowing investors to sell the bonds back to the company. Funds are expected by September 19, 2025, with payments allocated by September 22, and investor funds received by September 23, 2025. The company advises caution, as the current market price of the convertible bonds exceeds the put option price, potentially leading to losses for investors who choose to exercise the option.

During the declaration period, the bonds will continue to trade, but conversion will be suspended. Interest income tax for individual investors and securities investment funds will be withheld at 20%, resulting in an actual put option income of 100.193 yuan per bond. Qualified Foreign Institutional Investors (QFII and RQFII) are exempt from tax, receiving 100.241 yuan per bond.