Jinpan Technology: Clearly defined 1.672 billion yuan convertible bond issuance plan and related arrangements.

Golden Plate Technology announced that the 30th meeting of the third board of directors approved several resolutions related to the issuance of convertible bonds. The company has obtained approval from the China Securities Regulatory Commission for the issuance. The total amount of convertible bonds to be issued this time is 1.672 billion yuan, with a face value of 100 yuan per bond and a term of 6 years, from December 31, 2025 to December 24, 2031. The initial conversion price is 89.28 yuan per share, and the conversion period is from the first trading day after the end of the issuance to the maturity date. The terms of interest rates, redemption, put options, etc. have also been specified, with priority placement to existing shareholders and the remaining amount to be issued online. In addition, the company will apply for the listing of the convertible bonds, open a dedicated account, and sign a regulatory agreement.