Zhibang Home Furnishing announced that the company issued 670 million yuan of “Zhibang Convertible Bonds” on April 8, 2025. The initial share conversion price was 12.12 yuan/share, and the latest share conversion price was 11.13 yuan/share. On April 13, 2026, the board of directors decided not to revise the share conversion price downward for the next 3 months. From July 14 to 27, the closing price of the company's stock was less than 80% of the current share conversion price for 10 trading days. If the closing price continues to fall below this price for 5 trading days within the next 20 trading days, it may trigger the conversion price correction clause. The company will determine whether to amend it and disclose it in a timely manner in accordance with regulations.

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