Chacha Food announces put-back option for convertible bonds

Chacha Food Co., Ltd. has activated a put-back option for its convertible bonds because the company's stock price fell below 70% of the current conversion price for 30 consecutive trading days. The put-back price is set at 100.236 yuan per bond (including interest and tax). Bondholders have the option to sell all or part of their unconverted bonds.

The put-back declaration period for investors is from December 2, 2025, to December 8, 2025. During this period, the convertible bonds will temporarily suspend conversion into shares but will continue to trade. The company advises investors to be aware of potential losses, as the current market price of the bonds is higher than the put-back price.

The company's funds for the put-back will be received by December 11, 2025, with the payment transferred on December 12, 2025. Investors are expected to receive their funds by December 15, 2025. This put-back option is not mandatory for bondholders.