上海起帆电缆股份有限公司第三届董事会第三十六次会议决议公告

Group 1 - The company held its 36th meeting of the third board of directors on May 28, 2025, with all 9 directors present, and the meeting complied with the Company Law and the Articles of Association [2][3][4] - The board reviewed and approved the proposal not to adjust the conversion price of the "Qifan Convertible Bonds" downwards, despite triggering conditions for adjustment due to stock prices being below 85% of the current conversion price for at least 15 trading days [3][8][12] - The next period for potential adjustment of the conversion price will be recalculated starting from May 29, 2025, and the board will reconvene if further triggering conditions arise [3][12][13] Group 2 - The "Qifan Convertible Bonds" were issued on May 24, 2021, with a total issuance of 10 million bonds, each with a face value of 100 yuan, totaling 1 billion yuan, and a maturity of 6 years with varying interest rates [8][9] - The initial conversion price was set at 20.53 yuan per share, which has been adjusted multiple times due to corporate actions, with the latest price being 19.59 yuan per share [10][11][12] - The company has established specific terms for downward adjustment of the conversion price, which requires at least two-thirds approval from shareholders present at the meeting [12][13]