Huarui Precision(SH:688059) Zheng Quan Zhi Xing·2025-06-12 09:16Core Viewpoint - The company announces the adjustment of the conversion price for its convertible bonds due to the implementation of the 2024 annual profit distribution and capital reserve increase, resulting in a new conversion price of 64.79 CNY per share from the previous 91.31 CNY per share [1][2][3]. Summary of Key Points 1. Securities Suspension and Resumption - The company's convertible bonds will be suspended from conversion from June 18, 2025, until the registration date for the rights distribution, with resumption on the first trading day after the registration date [1][2]. 2. Annual Profit Distribution Plan - The company plans to distribute a cash dividend of 6 CNY (including tax) for every 10 shares and increase capital reserves by converting them into shares at a ratio of 0.4 for every 10 shares held [1][2]. 3. Adjustment of Conversion Price - The conversion price for the convertible bonds will be adjusted according to the formula: P1 = (P0 - D) / (1 + n), where P0 is the previous conversion price of 91.31 CNY, D is the cash dividend of 0.60 CNY per share, and n is the capital increase ratio of 0.4, resulting in a new conversion price of 64.79 CNY per share [2][3]. 4. Announcement and Contact Information - The company will publish the implementation announcement and the adjustment of the conversion price on June 19, 2025, and investors can refer to the company's bond issuance prospectus for more details [2][4].