Baoti Group: Discloses the response to the inquiry letter on the issuance of convertible bonds to unspecified parties.

Bao Ti Group announced that the company had previously received the "Review Inquiry Letter" issued by the Shanghai Stock Exchange, which raised the first round of inquiries regarding its application to issue convertible corporate bonds to unspecified parties. The company, together with relevant intermediary institutions, conducted research and implementation to respond to the inquiries. The reply to the "Review Inquiry Letter" is now being publicly disclosed. The issuance of the convertible bonds still needs to be reviewed by the Shanghai Stock Exchange and approved by the China Securities Regulatory Commission before it can be implemented. The final result and timeline are uncertain at this time, and the company will disclose any progress in accordance with regulations.