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].

Core Viewpoint - The company, Jingyuan Environmental Protection (688096.SH), has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, but has decided not to exercise this redemption option at this time [1] Group 1: Convertible Bonds - The company announced that from December 29, 2025, to February 10, 2026, its stock price met the condition of closing at or above 130% of the conversion price of the "Jingyuan Convertible Bonds," which is 6.91 yuan per share, equating to 8.98 yuan per share for 15 out of 30 trading days [1] - On February 10, 2026, the company's board of directors approved a resolution not to redeem the "Jingyuan Convertible Bonds" early [1] - The company will not propose a conditional redemption plan if the "Jingyuan Convertible Bonds" trigger the redemption clause again within the next three months, from February 11, 2026, to May 10, 2026 [1] Group 2: Future Considerations - The company will recalculate the conditions for the "Jingyuan Convertible Bonds" starting from May 11, 2026, and if the redemption clause is triggered again, the board will convene to decide on the redemption rights [1]

Group 1 - The company, Jingyuan Environmental Protection, announced that its fourth board meeting was held on February 10, 2026, via communication methods [1] - The meeting reviewed the proposal regarding the non-early redemption of "Jingyuan Convertible Bonds" [1]

Core Viewpoint - Jiangsu Jingyuan Environmental Protection Co., Ltd. has announced that its convertible bonds, "Jingyuan Convertible Bonds," are expected to meet the redemption conditions based on the stock price performance [1] Group 1: Convertible Bond Issuance and Terms - The company issued 3.325 million convertible bonds with a total amount of 332.5 million yuan, and the bonds have a term of six years starting from the issuance date [2][3] - The initial conversion price was set at 13.93 yuan per share, which was later adjusted to 13.90 yuan and then to 9.82 yuan due to the implementation of the 2022 annual equity distribution [3][4] - The conversion price will further adjust to 6.91 yuan per share starting from July 15, 2025, due to the 2024 annual equity distribution [5] Group 2: Redemption Conditions - The company has outlined redemption terms in its prospectus, including a conditional redemption clause that can be triggered if the stock price remains above 130% of the conversion price for a specified number of trading days [6][7] - As of January 9, 2026, the stock price has been above 130% of the conversion price for 10 trading days, indicating a potential trigger for the redemption clause if the conditions continue to be met [7][8]

Core Viewpoint - The company announced that its "Jingyuan Convertible Bonds" have met the conditions for potential redemption based on their trading price exceeding 130% of the conversion price for a specified period [2] Group 1: Company Announcement - Jingyuan Environmental Protection stated that from January 9 to February 3, 2026, the closing price of the "Jingyuan Convertible Bonds" has not been lower than 130% of the current conversion price (8.983 yuan/share) for 10 trading days [2] - If the bonds continue to meet this condition for 12 consecutive trading days, with at least 5 days satisfying the requirement, the company has the right to redeem all or part of the unconverted "Jingyuan Convertible Bonds" at face value plus accrued interest [2]

Core Viewpoint - Jiangsu Jingyuan Environmental Protection Co., Ltd. has reported the conversion results of its convertible bonds, indicating significant conversion activity and adjustments in conversion prices over time [2][3][4][5][6][7]. Summary by Sections Convertible Bond Issuance Overview - The company issued 3.325 million convertible bonds with a total value of RMB 33.25 million on August 5, 2022, with a maturity of six years [3]. - The bonds began trading on the Shanghai Stock Exchange on August 25, 2022, under the name "Jingyuan Convertible Bonds" and code "118016" [3]. Conversion Situation - As of September 30, 2025, a total of RMB 164,950,000 has been converted into company shares, resulting in 18,229,867 shares, which is 16.8802% of the total shares before conversion [2][7]. - The remaining balance of unconverted bonds as of the same date is RMB 167,550,000, accounting for 50.3910% of the total issuance [2][7]. - In the third quarter of 2025, from July 1 to September 30, RMB 32,451,000 was converted into shares, totaling 4,696,138 shares, which is 4.3485% of the total shares before conversion [2][7]. Conversion Price Adjustments - The initial conversion price was set at RMB 13.93 per share, adjusted to RMB 13.90 following a stock incentive plan on October 31, 2022 [4]. - After the 2022 annual equity distribution, the conversion price was further adjusted to RMB 9.82 on June 9, 2023 [5]. - Subsequent adjustments occurred, with the conversion price set at RMB 9.79 on February 21, 2024, and RMB 6.91 on July 15, 2025, due to further equity distributions [5][6].

Core Viewpoint - Jiangsu Jingyuan Environmental Protection Co., Ltd. is undergoing significant governance changes, including the cancellation of its supervisory board and adjustments to its registered capital and articles of association, aimed at enhancing corporate governance and compliance with updated regulations [3][4][5]. Company Overview - The company has decided to cancel its supervisory board, transferring its responsibilities to the audit committee of the board of directors to improve governance structure [3][4]. - The company will not have a supervisory board or supervisors after the shareholders' meeting approves the changes [4]. Capital Changes - The company has completed the conversion of convertible bonds, with a total of RMB 164,947,000 converted into 18,229,624 shares from April 1, 2024, to July 31, 2025 [5]. - The registered capital has increased from RMB 165,897,988 to RMB 231,341,568 due to a capital reserve conversion, resulting in an increase of 65,443,580 shares [5]. Articles of Association Amendments - The company plans to revise its articles of association to align with the latest legal requirements and its operational needs, including the removal of references to the supervisory board [5][6]. - The revised articles will be submitted for approval at the upcoming shareholders' meeting [6]. Management System Revisions - The company intends to revise several internal governance systems to enhance compliance with updated regulations and improve operational efficiency [7]. - The proposed revisions have been approved by the board and will also require shareholder approval [7].

Core Points - The company Jiangsu Jingyuan Environmental Protection Co., Ltd. announced the interest payment details for its convertible bonds "Jingyuan Convertible Bonds" for the year 2025 [1][5] - The interest payment will occur on August 5, 2025, with the record date set for August 4, 2025 [5] - The bonds were issued on August 5, 2022, with a total of 3.325 million bonds at a face value of 1,000 RMB each [1][2] Summary by Sections Convertible Bond Issuance Overview - The company issued 3.325 million convertible bonds with a face value of 1,000 RMB each, approved by the China Securities Regulatory Commission [1] - The bonds are listed on the Shanghai Stock Exchange under the name "Jingyuan Convertible Bonds" with the code "118016" [2] Interest Payment Details - The interest payment for the third year will be calculated from August 5, 2024, to August 4, 2025, at an annual interest rate of 1.00% [4] - Each bondholder will receive 10 RMB (including tax) for each bond held [4] Bond Conversion and Price Adjustments - The initial conversion price was set at 13.93 RMB per share, adjusted to 9.82 RMB due to the completion of the 2022 equity distribution plan [2][3] - Further adjustments will occur, with the conversion price set to 6.91 RMB starting July 15, 2025 [3] Payment Method and Taxation - The company will entrust the China Securities Depository and Clearing Corporation Limited Shanghai Branch for the payment of interest [5] - Individual investors are subject to a 20% tax on interest income, while foreign institutional investors are exempt from corporate income tax on bond interest until December 31, 2025 [6][7]

Core Viewpoint - The article discusses the recent issuance of new stocks on the Beijing Stock Exchange, highlighting the significant subscription funds amounting to over 600 billion [1]. Group 1 - Fourhui Fushi's controlling shareholder plans to reduce holdings by no more than 3% of the company's shares [2]. - Huiyun Titanium's controlling shareholder intends to reduce holdings by no more than 2.98% of the company's shares [2]. - Yong'an Convertible Bond is subject to strong redemption [2]. Group 2 - Baichuan Co., Ltd.'s actual controller has been performing duties normally [2]. - Haining Convertible Bond and Honglu Convertible Bond will not undergo adjustments [2]. - Yinxin Convertible Bond and Jingyuan Convertible Bond will not face strong redemption [2]. Group 3 - Dingjia Precision's new stock on the Beijing Stock Exchange is available for subscription on July 22 [2]. - Hanghai Group is involved in new stock subscriptions on the Shanghai and Shenzhen exchanges [2].

Core Points - Jiangsu Jingyuan Environmental Protection Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to stock prices exceeding 130% of the conversion price for a specified period [1][5] - The company decided not to exercise the early redemption rights for the convertible bonds during the board meeting held on July 18, 2025, citing confidence in future development and market conditions [1][5] Summary by Sections Conditional Redemption Trigger - From June 28, 2025, to July 14, 2025, the stock price closed above 130% of the conversion price (12.727 CNY/share) for 11 trading days [1][5] - From July 15, 2025, to July 18, 2025, the stock price closed above 130% of the conversion price (8.983 CNY/share) for 4 trading days [1][5] - The stock met the requirement of having at least 15 trading days out of 30 with closing prices above the specified threshold [1][5] Convertible Bond Issuance Overview - The company issued 3.325 million convertible bonds on August 5, 2022, with a face value of 33.25 million CNY, and they began trading on August 25, 2022 [2] - The initial conversion price was set at 13.93 CNY/share, effective from February 13, 2023 [2] Conversion Price Adjustments - The conversion price was adjusted from 13.90 CNY/share to 9.82 CNY/share on June 9, 2023, due to the company's annual equity distribution [3] - Following the completion of the second vesting period of the stock incentive plan on February 21, 2024, the conversion price was further adjusted to 9.79 CNY/share [4] Decision on Early Redemption - The board of directors resolved not to redeem the convertible bonds early based on the company's confidence in its future prospects and current market conditions [5] - The company will not propose a conditional redemption plan if the bonds trigger the redemption clause again within the next three months [2][5] Shareholder Transactions - There have been no transactions involving the convertible bonds by major shareholders or executives in the six months leading up to the redemption condition [6]