The Ninth Indicative Announcement on the Implementation of the Redemption and Delisting of “Saili Convertible Bonds”
Securities code: 603716 Securities abbreviation: Saili Medical Announcement number: 2026-020 Bond code: 113601 Bond abbreviation: Saili Convertible Bonds
Thalys Medical Technology Group Co., Ltd.
The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.
Important content reminder:
Redemption registration date: April 9, 2026
Redemption price: 101.9068 yuan/piece
Redemption payment date: April 10, 2026
Last trading day: April 3, 2026
As of the market close on April 1, 2026, there are only 2 trading days left until April 3, 2026 (the last trading day of "Selic Convertible Bonds"). April 3, 2026 is the last trading day of "Selic Convertible Bonds".
Last transfer date: April 9, 2026
As of the market close on April 1, 2026, there are only 5 trading days left until April 9, 2026 (the last conversion day of "Selic Convertible Bonds"). April 9, 2026 is the last day of conversion of "Selic Convertible Bonds".
After the early redemption is completed, "Saili Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting from April 10, 2026.
In addition to continuing to trade through the secondary market within the specified time limit or converting the shares at a conversion price of 12.00 yuan, the convertible bonds held by investors can only choose to be forcibly redeemed at a par price of 100 yuan/piece plus current accrued interest (i.e. 101.9068 yuan). If forced to redeem, you may face large investment losses.
Holders of “Saili Convertible Bonds” are reminded to pay attention to converting or selling shares within the time limit.
The closing price of the stock of Thalys Medical Technology Group Co., Ltd. (hereinafter referred to as the "Company") in 15 of the 30 consecutive trading days from February 12, 2026 to March 12, 2026 was no less than 130% of the current conversion price of the "Sailis Convertible Bonds" (15.60 yuan/share). According to the company's "Prospectus for the Public Issuance of Convertible Corporate Bonds" (hereinafter referred to as the "Prospectus"), the conditional redemption clause of the "Sele Convertible Bonds" has been triggered. The company held the 25th meeting of the fifth board of directors on March 12, 2026 and reviewed and approved the "Proposal on Early Redemption of "Saili Convertible Bonds". The company decided to exercise the right of early redemption of "Saili Convertible Bonds" and redeem all "Saili Convertible Bonds" registered on the redemption registration date. For specific details, please refer to the "Announcement on the Early Redemption of "Sela Convertible Bonds"" disclosed by the company on the Shanghai Stock Exchange website (www.sse.com.cn) on March 13, 2026 (announcement number: 2026-009).
In accordance with the relevant provisions of the "Registration and Administration Measures for the Issuance of Securities by Listed Companies", "Administrative Measures for Convertible Corporate Bonds", "Stock Listing Rules of the Shanghai Stock Exchange" and the company's "Prospectus", the redemption-related matters are announced to all holders of "Saili Convertible Bonds" as follows:
1. Conditional Redemption Terms
According to the relevant provisions of the company's "Prospectus", the conditional redemption terms are as follows:
During the conversion period of the convertible corporate bonds issued this time, when either of the following two situations occurs, the company's board of directors has the right to decide to redeem all or part of the unconverted convertible corporate bonds at the price of the bond's face value plus current accrued interest:
① During the conversion period of the convertible corporate bonds issued this time, if the closing price of the company's stock on at least fifteen trading days out of thirty consecutive trading days is not less than 130% (inclusive) of the current conversion price.
② When the unconverted balance of the convertible corporate bonds issued this time is less than 30 million yuan. The calculation formula for current accrued interest is: IA=B×i×t/365
IA: refers to the current accrued interest;
B: refers to the total par amount of convertible corporate bonds held by holders of convertible corporate bonds issued this time; i: refers to the coupon rate of the convertible corporate bonds for the current year;
t: refers to the number of interest accrual days, that is, the actual number of calendar days from the last interest payment date to the redemption date of this interest accrual year (the beginning is not counted).
If the conversion price adjustment occurs within the aforementioned thirty trading days, the trading day before the conversion price adjustment will be calculated based on the conversion price and closing price before the adjustment, and the trading day after the conversion price adjustment will be calculated based on the adjusted conversion price and closing price.
2. Matters related to the redemption of convertible bonds
(1) Fulfillment of redemption conditions
The closing price of the company's stock on 15 of the 30 consecutive trading days from February 12, 2026 to March 12, 2026 was no less than 130% of the current conversion price of the "Saili Convertible Bonds" (15.60 yuan/share), and the redemption conditions of the "Saili Convertible Bonds" have been met.
(2) Redemption registration date
The objects of this redemption are all holders of the "Saili Convertible Bonds" registered with the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "Zhongdeng Shanghai Branch") after the market closes on April 9, 2026.
(3) Redemption price
According to the agreement on early redemption in the company's "Prospectus", the redemption price is 101.9068 yuan/piece, and the calculation process is as follows:
The calculation formula for current accrued interest is: IA=B×i×t/365
IA: refers to the current accrued interest;
B: refers to the total par amount of the convertible bonds to be redeemed held by the holders of the convertible bonds issued this time;
i: refers to the current year’s coupon rate of convertible bonds;
t: refers to the number of interest accrual days, that is, the actual number of calendar days (not counting the beginning and the end) from the last interest payment date (i.e., August 21, 2025) to the redemption date of this interest accrual year (i.e., April 10, 2026), a total of 232 days.
The accrued interest for the current period is: IA=B×i×t/365=100×3.00%×232/365=1.9068 yuan/piece (rounded to four decimal places)
Redemption price = face value of convertible bonds + current accrued interest = 100 + 1.9068 = 101.9068 yuan/piece
(4) Redemption procedure
Before the end of the redemption period, the company will disclose an indicative announcement on the redemption of "Saili Convertible Bonds" as required, and notify the holders of "Saili Convertible Bonds" of various matters related to this redemption.
When the company decides to execute all redemptions, all "Sele Convertible Bonds" registered with Zhongdeng Shanghai Branch from the trading day following the redemption registration date will be frozen.
After the redemption is completed, the company will announce the results of the redemption and the impact of the redemption on the company on the media designated by the China Securities Regulatory Commission.
(5) Redemption payment date: April 10, 2026
The company will entrust Zhongdeng Shanghai Branch to distribute redemption funds through its fund clearing system to holders who are registered on the redemption date and have handled designated transactions at each member unit of the Shanghai Stock Exchange, and at the same time write down the corresponding amount of the holder's "Selai Convertible Bonds". Investors who have completed all designated transactions can receive the redemption funds at their designated securities business department on the issuance date. The redemption funds of investors who have not completed designated transactions will be temporarily kept by Zhongdang Shanghai Branch and will be distributed after the designated transactions are completed.
(6) Transactions and share transfers
As of the market close on April 1, 2026, there are only 2 trading days left until April 3, 2026 (the last trading day of the "Saili Convertible Bonds"). April 3, 2026 is the last trading day of the "Saili Convertible Bonds"; there are only 5 trading days left before April 9, 2026 (the last day of equity conversion of the "Saili Convertible Bonds"). April 9, 2018 is the last day for conversion of "Saili Convertible Bonds".
(7) Delisting
Starting from April 10, 2026, the company's "Sele Convertible Bonds" will be delisted from the Shanghai Stock Exchange.
(8) Explanation on bond interest income tax
- Instructions for individuals to pay corporate bond interest income tax
According to the provisions of the "Individual Income Tax Law of the People's Republic of China" and other relevant tax regulations and documents, individual investors of the company's convertible bonds (including securities investment funds) shall pay personal income tax on bond interest income, and the tax rate is 20% of the interest amount; that is, the redemption amount of each convertible bond is RMB 101.9068 (before tax), and the actual redemption amount distributed is RMB 101.5255 (after tax). According to the "Notice of the State Administration of Taxation on Strengthening the Withholding and Payment of Personal Income Tax on Enterprise Bond Interest" (Guo Shui Han [2003] No. 612), the personal income tax on the current bond interest is uniformly withheld and paid by each redemption agency and paid directly to the tax department where each redemption agency is located.
- Instructions for resident enterprises to pay corporate bond interest income tax
According to the provisions of the "Enterprise Income Tax Law of the People's Republic of China" and other relevant tax regulations and documents, for resident enterprises holding convertible bonds, the bond interest income tax shall be paid by themselves, that is, the actual redemption amount of each convertible bond with a face value of RMB 100 is RMB 101.9068 (including tax).
- Instructions for non-resident enterprises to pay corporate bond interest income tax
According to the "Announcement on the Continuation of the Corporate Income Tax and Value-Added Tax Policies for Foreign Institutions' Investment in the Domestic Bond Market" (Caishui [2026] No. 5) issued by the Ministry of Finance and the State Administration of Taxation, from January 1, 2026 to December 31, 2027, bond interest income obtained by foreign institutions investing in the domestic bond market will be temporarily exempt from corporate income tax and value-added tax. The scope of the above-mentioned temporary exemption from corporate income tax does not include bond interest obtained by institutions and places established by overseas institutions in China that are actually connected with such institutions and places. Therefore, for qualified foreign institutional investors (including QFII and RQFII) holding "Zhonghe Convertible Bonds", the company distributes redemptions based on the pre-tax redemption amount, that is, the actual redemption amount distributed for each convertible bond is RMB 101.9068.
3. Risk warning of this convertible bond redemption
(1) As of the market close on April 1, 2026, there are only 2 trading days left until April 3, 2026 (the last trading day of "Selic Convertible Bonds"). April 3, 2026 is the last trading day of "Selic Convertible Bonds"; There are only 5 trading days left on April 9, 2026 (the last conversion day of "Saili Convertible Bonds"). April 9, 2026 will be the last day of conversion of "Saili Convertible Bonds". Holders of "Saili Convertible Bonds" are hereby reminded to pay attention to converting or selling shares within the time limit.
(2) If the "Seli Convertible Bonds" held by investors are pledged or frozen, it is recommended to unpledge or freeze them before the trading suspension date to avoid forced redemption due to inability to convert shares.
(3) After the market closes on the redemption registration day, all "Selic Convertible Bonds" that have not been converted into shares will be frozen, trading and share conversion will be stopped, and they will be forcibly redeemed at a price of 101.9068 yuan/piece. After the completion of this redemption, "Saili Convertible Bonds" will be delisted from the Shanghai Stock Exchange (when all outstanding convertible bonds are redeemed).
(4) Due to the large difference between the current secondary market price of "Sele Convertible Bonds" (the closing price on April 1, 2026 is 206.280 yuan/piece) and the redemption price (101.9068 yuan/piece), investors may face large investment losses if they fail to convert or sell shares in time.
Holders of "Saili Convertible Bonds" are hereby reminded to pay attention to converting or selling shares within the time limit.
4. Contact information
Contact Department: Securities Department
Contact number: 027-83386020
Announcement is hereby made.
The Board of Directors of Thalys Medical Technology Group Co., Ltd.
April 2, 2026