Shuangliang Energy: Convertible Bonds Disclosure of Multiple Major Events Including Regulatory Warnings and Investigation Being Filed

Shuangliang Energy announced that the company has several significant issues. Firstly, due to inaccurate and incomplete overseas order information and insufficient risk warnings published on their WeChat public account, the company's former secretary, Yang Likang, was warned by the regulators and is required to submit a rectification report within one month. Secondly, as of February 13, 2026, the cumulative conversion amount of "Shuangliang Convertible Bonds" reached 1.199 billion yuan, accounting for 10.34% of the total shares issued by the company before conversion, resulting in a passive dilution of the shareholding proportion of the controlling shareholder and its concerted action parties. Thirdly, on February 27, the company was investigated by the China Securities Regulatory Commission for suspected illegal and irregular activities such as misleading information disclosure, but the business is currently operating normally.