ST Jingji: Controlling Shareholder's Exchangeable Bond Conversion Price Lowered to RMB 14 per Share

ST Jingji announced that the company received a notice from its controlling shareholder, Jingyuan Technology, that its issued "23 Jingyuan EB" has triggered the downward adjustment condition for the conversion price. Following a decision by the issuer's board of directors, the conversion price of the exchangeable corporate bonds will be adjusted downward from RMB 14.47 per share to RMB 14.00 per share, effective September 18, 2026. During the conversion period, there is uncertainty as to whether bondholders will choose to convert and the actual number of shares converted. Investors are kindly reminded to be aware of investment risks.