Autowell(SH:688516) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-05-25 23:09Group 1 - The core point of the announcement is the adjustment of the conversion price for the convertible bonds issued by Wuxi Autowell Technology Co., Ltd. due to changes in the company's share capital resulting from the stock incentive plan [2][6][7] - The conversion price before adjustment was 86.58 CNY per share, and after adjustment, it will be 86.48 CNY per share, effective from May 27, 2025 [2][7] - The adjustment was necessitated by the completion of the third vesting period of the stock incentive plan, which increased the total share capital from 315,052,422 shares to 315,637,856 shares [6][7] Group 2 - The adjustment formula for the conversion price is specified, taking into account factors such as stock dividends, capital increases, and cash dividends [4][5] - The company will follow the relevant regulations and principles to ensure fair treatment of convertible bondholders in case of any changes affecting their rights [5] - Investors can refer to the detailed prospectus for the convertible bonds issued on August 8, 2023, for more information [8]