LMC(SZ:002921) Zheng Quan Zhi Xing·2025-04-01 04:06Group 1 - The core point of the announcement is the adjustment of the conversion price for the company's convertible bonds, "Liancheng Convertible Bonds," which has undergone several changes since its issuance [1][2][3][4][5]. - The initial conversion price was set at 24.37 CNY/share, which was later adjusted to 18.44 CNY/share on May 11, 2021, and subsequently to 18.07 CNY/share on March 23, 2022 [2][3]. - As of March 31, 2025, the total remaining balance of the convertible bonds is 170,482,900 CNY, equivalent to 1,704,829 bonds [6]. Group 2 - The conversion period for the bonds is from January 25, 2021, to July 16, 2026, allowing bondholders to convert their bonds into shares during this timeframe [1][2]. - The total number of shares increased by 7,670,580 shares due to the conversion of bonds, raising the total share count from 130,885,656 to 138,556,236 shares [6]. - The adjusted conversion price was further modified to 11.68 CNY/share on March 7, 2024, and then to 11.59 CNY/share on June 7, 2024 [5].