SONAVOX(SH:688533) Zheng Quan Zhi Xing·2025-05-22 13:55Core Viewpoint - The company Suzhou Sonavox Electronics Co., Ltd. has announced the adjustment of the convertible bond conversion price due to the implementation of the 2024 annual equity distribution plan, which includes a cash dividend of 4.50 RMB per 10 shares [2][3][5]. Summary by Sections 1. Securities Suspension and Resumption - The company's convertible bonds will stop conversion from May 29, 2025, until the equity distribution registration date, after which they will resume conversion [2][4]. 2. 2024 Annual Equity Distribution Plan - The equity distribution plan involves a cash dividend of 4.50 RMB per 10 shares (tax included), with no stock dividends or capital reserve transfers to increase share capital [2][3]. - The plan was approved at the company's annual general meeting on May 20, 2025 [2][3]. 3. Adjustment of Convertible Bond Conversion Price - The conversion price of the convertible bonds will be adjusted from 29.56 RMB per share to 29.11 RMB per share due to the cash dividend distribution [2][5]. - The adjustment formula used is: P = P0 - D, where P0 is the original conversion price and D is the cash dividend per share [5]. 4. Additional Information - Investors seeking more information about the convertible bonds can refer to the company's prospectus published on July 4, 2023 [5].