四川东材科技集团股份有限公司 关于可转债预计触发转股价格向下修正条件的提示性公告

Core Viewpoint - The company is at risk of triggering a downward adjustment of the conversion price for its convertible bonds due to its stock price being below 85% of the current conversion price for a significant number of trading days [2][6]. Group 1: Convertible Bond Overview - The company issued 14 million convertible bonds with a total value of 1.4 billion RMB, with a maturity of 6 years and a face value of 100 RMB per bond [3]. - The coupon rates for the bonds are set to increase over the years, starting from 0.30% in the first year to 2.00% in the sixth year [3]. - The bonds are listed on the Shanghai Stock Exchange under the name "东材转债" with the code "113064" and can be converted into shares starting from May 22, 2023, at an initial conversion price of 11.75 RMB per share, which has been adjusted to 11.63 RMB per share [3][5]. Group 2: Conversion Price Adjustment Terms - The company’s board has the authority to propose a downward adjustment of the conversion price if the stock price falls below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [4]. - The adjusted conversion price must not be lower than the higher of the average stock price over the previous 20 trading days or the latest audited net asset value per share [4]. - If the conversion price is adjusted, the company will announce the details on the Shanghai Stock Exchange and other designated media [5].