Dynagreen Environmental Protection Group Co., Ltd. (Dynagreen Environmental) will reduce the conversion price of its A-share convertible corporate bonds from RMB8.89 to RMB8.67 per share, effective 8 July 2026.

The adjustment follows the company’s 2025 cash dividend plan—RMB0.22 (tax inclusive) per share—approved at the 2025 annual general meeting on 10 June 2026. The equity registration date for the dividend is set for 7 July 2026, with the ex-dividend date aligned with the new conversion price on 8 July 2026.

Convertible bond trading will be paused from 30 June 2026 to 7 July 2026 to facilitate the equity registration and will resume on 8 July 2026.

Dynagreen Environmental originally issued RMB2.36 billion of A-share convertible bonds on 25 February 2022 (23.60 million units at RMB100 each) and listed them on the Shanghai Stock Exchange on 23 March 2022 under the code 113054. The bonds’ initial conversion price of RMB9.82 per share has been revised several times due to successive equity distributions and a restricted A-share incentive scheme, declining to RMB8.89 as of 26 December 2025.

The current conversion period spans from 5 September 2022 to 24 February 2028.

Dynagreen Environmental confirms that the latest price adjustment is calculated under the prescribed formula P1 = P0 – D and complies with the terms set out in the original offering document.