Summary of Key Points Core Viewpoint - The company has issued convertible bonds and adjusted the conversion price multiple times due to various corporate actions and market conditions, reflecting its ongoing financial strategies and shareholder value considerations [1][2][3][4][5][6]. Convertible Bond Issuance Overview - The company issued 10 million convertible bonds with a total value of 1 billion yuan, maturing in 6 years with a tiered interest rate starting from 0.30% in the first year to 3.00% in the sixth year [1]. Conversion Price Adjustments - The initial conversion price was set at 53.07 yuan per share, which was adjusted to 36.05 yuan following a profit distribution plan [2]. - Further adjustments were made, bringing the conversion price down to 35.00 yuan, then to 34.50 yuan, and subsequently to 34.57 yuan due to various corporate actions [2][3]. - The conversion price was later adjusted to 27.66 yuan and then to 27.98 yuan after share buybacks [4]. Downward Adjustment Clauses - The company has a clause allowing for downward adjustments of the conversion price if the stock price falls below 80% of the current conversion price for a specified period [5]. - The company decided not to exercise the downward adjustment right despite triggering conditions, citing confidence in its long-term value [6].
甬金股份: 关于不向下修正“甬金转债”转股价格的公告