Jiahua Energy (600273): Controlling Shareholder 2019 Non-Public Issue Of Exchangeable Corporate Bonds (Phase I) Into The Convertible Period

Ge Long Hui December 5th, Zhejiang Jiahua energy (600273.SH) announced that the company's controlling shareholder, Limited by Share Ltd, Jiayu group, in 2019, issued a non-public issue of exchangeable corporate bonds (phase I), which ended in June 11, 2019. The actual issuance scale is 500 million yuan, the first year coupon rate is 3%, the second year coupon rate is 4%, the third year coupon rate is 5%, the term of this bond is 3 years, the initial change price is 11.50 yuan / share, and the period of the stock exchange is from the first transaction day after the first day of the 6 month after the end of the current bond issue and the date of December 11, 2019 to the maturity date of the bond (if it is non trading day, then postponed to the next trading day).

Recently, the company received the letter of notification from the controlling shareholder of Jiahua group. According to the relevant stipulations of the prospectus issued by Zhejiang Jiahua group Limited by Share Ltd on 2019 non public development bank exchangeable corporate bonds (phase I), the bonds (securities referred to as "19 Ka EB01" and the certificate code "137082") will enter the stock exchange in December 11, 2019, and the stock exchange period will be from December 11, 2019 to June 10, 2022.

In October 16, 2019, Jiaxi energy implemented the rights and interests allocation scheme in 2019. The convertible bond price was adjusted from 11.50/ shares to 11.34 yuan / share.