Core Viewpoint - The company announces a temporary suspension of the conversion of its convertible bonds, "Wankai Convertible Bonds" (code: 123247), from May 22, 2025, until the registration date for the 2024 annual equity distribution, to ensure the smooth implementation of the equity distribution [1]. Group 1 - The company will hold an equity distribution meeting on May 13, 2025, and the suspension of bond conversion is in accordance with the relevant provisions in the prospectus [1]. - The conversion of "Wankai Convertible Bonds" will resume on the first trading day after the equity distribution registration date [1]. - During the suspension period, "Wankai Convertible Bonds" will continue to trade normally, and bondholders are advised to pay attention [1]. Group 2 - The prospectus outlines the methods for adjusting the conversion price in the event of changes in the company's shares or equity, including stock dividends, capital increases, new share issuances, and cash dividends [3]. - The formulas for adjusting the conversion price are provided, detailing how to calculate the new conversion price based on various scenarios [3][4]. - The company commits to fair and equitable adjustments to the conversion price in case of share buybacks, mergers, or other events affecting shareholder equity [4].
万凯新材: 关于实施权益分派期间万凯转债暂停转股的公告