Core Viewpoint - Jiangsu Jingyuan Environmental Protection Co., Ltd. has decided not to exercise the early redemption rights for its convertible bonds, "Jingyuan Convertible Bonds," based on confidence in the company's future development and current market conditions [3][15]. Group 1: Board Meeting Details - The fourth meeting of the fourth board of directors was held on February 10, 2026, via communication, with all nine directors present and agreeing to waive the notification period [2]. - The meeting was chaired by Mr. Li Wulin, who provided necessary information regarding the agenda items [2]. Group 2: Resolution on Convertible Bonds - The board approved the resolution not to redeem the "Jingyuan Convertible Bonds" early, as the stock price met the conditions for conditional redemption [3][9]. - The stock price from December 29, 2025, to February 10, 2026, had 15 trading days where the closing price was not less than 130% of the conversion price of 6.91 CNY per share, triggering the redemption clause [9][14]. - The company will not exercise the redemption rights for the next three months, from February 11 to May 10, 2026, even if the redemption conditions are met again [15]. Group 3: Future Considerations - The company will recalculate the redemption conditions starting from May 11, 2026, and will hold another board meeting if the conditions are triggered again [15][18]. - The company has not received any plans from major shareholders or executives to reduce their holdings in the "Jingyuan Convertible Bonds" within the six months prior to the redemption condition being met [16].
江苏京源环保股份有限公司第四届董事会第二十二次会议决议公告