绿茵生态: 关于不向下修正绿茵转债转股价格的公告

Core Viewpoint - The company has decided not to adjust the conversion price of its convertible bonds, despite triggering the downward adjustment clause due to stock price fluctuations [1][4]. Group 1: Convertible Bond Details - The company issued 7.12 million convertible bonds with a face value of 100 RMB each, raising a total of 712 million RMB, which began trading on May 28, 2021 [1]. - The initial conversion price was set at 12.38 RMB per share, effective from November 11, 2021 [2]. - The conversion price was adjusted to 11.76 RMB per share on June 12, 2024, due to share repurchase and capital reduction [2]. Group 2: Price Adjustment Clause - The downward adjustment clause is triggered when the stock price closes below 85% of the conversion price for at least 10 out of 20 consecutive trading days [3]. - The stock price fell below 9.996 RMB (85% of the conversion price) during the period from April 28, 2025, to May 14, 2025, triggering the clause [3]. Group 3: Board Decision - The board of directors held a meeting on May 14, 2025, and decided not to proceed with the downward adjustment of the conversion price, considering the company's long-term value and market conditions [4][5]. - The board emphasized the importance of maintaining investor interests and expectations in light of recent stock price volatility [4].