Jinhong Gas Co.,Ltd. announced a private placement of convertible corporate bonds on August 17, 2023. The transaction has been approved in19th meeting of the 5th board of directors and 18th meeting of the 5th board of supervisors. The company obtained approval in a ?reply regarding the approval for the registration of Jinhong Gas Co., Ltd. to issue convertible corporate bonds to unspecified targets?

(zhengjian xuke (2023) no. 1319) from China Securities Regulatory Commission, in which the company obtained approval to issue 10,160,000 pcs of convertible corporate bonds to unspecific targets, for a par value of CNY 100 per piece.