CJJG(SH:600496) Zheng Quan Zhi Xing·2025-06-16 11:51Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds, which will take effect on June 23, 2025, following a series of adjustments due to equity distributions and share repurchases [1][2][3] Summary by Sections Convertible Bond Information - The company issued convertible bonds totaling 2 billion RMB on April 22, 2022, with an initial conversion price of 5.00 RMB per share [2] - The conversion price has been adjusted multiple times due to equity distributions, with the latest adjustment bringing it down to 4.79 RMB per share [2][3] Adjustment Details - The conversion price was previously set at 4.87 RMB per share before the latest adjustment [2] - The adjustment formula for the conversion price is based on various corporate actions, including cash dividends and stock distributions [3][4] Suspension and Resumption of Conversion - The conversion of the bonds will be suspended from June 16, 2025, to June 20, 2025, and will resume on June 23, 2025 [1][4]