Gelonghui, May 12, 丨 Lyle Technology (688683.SH) announced that the company held the 5th meeting of the 3rd board of directors and the 5th meeting of the 3rd board of supervisors on May 12, 2024 to review and pass the “Proposal on Termination of Issuance of Convertible Corporate Bonds to Unspecified Targets and Withdrawal of Application Documents”, agreeing that the company will stop issuing convertible corporate bonds to uncertain targets and withdraw application documents.
Since the company applied for this release, the company and intermediaries have actively promoted related work. Now, considering the recent macroeconomic environment and capital market financing environment, and taking into account factors such as current industry changes, the company's own actual situation, and adjustments to the company's capital operation plan, after careful analysis by the company and full communication and verification with intermediaries, the company decided to stop issuing convertible corporate bonds to unspecified targets and withdraw the application documents.