Garden Bio convertible bonds resume share conversion after repurchase offer

Zhejiang Garden Bio-Chemical High-tech Co., Ltd. announced the resumption of share conversion for its "Garden Convertible Bonds" starting September 16, 2025. The conversion was initially suspended from September 11, 2025, to September 15, 2025, to facilitate the company's convertible bondholder repurchase offer.

The repurchase offer period for bondholders concluded on September 9, 2025, as approved by the China Securities Regulatory Commission. Investors holding Garden Convertible Bonds who applied for the repurchase offer will have their bonds repurchased at a price of 100 yuan per bond, plus accrued interest. The total value of repurchased bonds is 120,000,000.00 yuan, representing 0.27% of the total issued amount.

The company reminds investors that according to the Shenzhen Stock Exchange Business Rules, convertible bonds that fall below 30% of their initial issuance amount may trigger early redemption conditions. As of September 15, 2025, the remaining outstanding Garden Convertible Bonds amount to 440,000,000.00 yuan. Investors are advised to pay close attention to the risks associated with share conversion.