Core Viewpoint - Yantai Zhenghai Magnetic Material Co., Ltd. has announced the implementation of the 2024 profit distribution plan approved at the 2024 annual general meeting, which will affect the convertible bonds' conversion rights during the distribution period [1][2]. Group 1: Profit Distribution and Convertible Bonds - The company will implement the 2024 profit distribution plan as approved on May 13, 2025 [1]. - From May 22, 2025, until the equity registration date for the profit distribution, the company's convertible bonds (code: 123169; name: Zhenghai Convertible Bonds) will suspend conversion rights [1]. - Trading of the Zhenghai Convertible Bonds will continue normally during the suspension period [1]. Group 2: Adjustment of Conversion Price - The adjustment of the conversion price for the convertible bonds will occur in the event of stock dividends, capital increases, new share issuances, and cash dividends, following specific formulas [4]. - The formulas for adjusting the conversion price include calculations based on stock dividend rates, new share issuance rates, and cash dividend amounts [4]. - The company will announce the conversion price adjustments and the suspension period in accordance with relevant regulations when such changes occur [5].
正海磁材: 关于实施权益分派期间正海转债暂停转股的提示性公告