Suzhou Crystal Clear Chemical temporarily halts Jingrui Convertible Bond 2 conversions

Suzhou Crystal Clear Chemical (stock code: 300655) announced a temporary suspension of its "Jingrui Convertible Bond 2" (bond code: 123124) conversion. This suspension will occur from October 10, 2025, until the record date for the 2025 half-yearly equity distribution. Conversion will resume on the first trading day following the equity distribution record date.

The decision aligns with the company's "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects on the ChiNext Board" and relevant business guidelines concerning conversion price adjustments. The suspension is necessary to account for the impact of the upcoming 2025 half-yearly equity distribution on the convertible bond's terms.

During this conversion suspension period, "Jingrui Convertible Bond 2" will continue to trade normally. Bondholders are advised to note this temporary halt in conversion rights. The full conversion period for Jingrui Convertible Bond 2 runs from February 21, 2022, to August 15, 2027.