杭氧股份: 关于向下修正杭氧转债转股价格的公告

Key Points - The company announced a downward adjustment of the conversion price for its convertible bonds, "Hangyang Convertible Bonds" [1][6] - The initial conversion price was set at 28.69 CNY per share, which has been adjusted multiple times due to various corporate actions [2][3] - The latest adjustment reduced the conversion price from 26.59 CNY to 25.98 CNY per share, effective from June 18, 2025 [6] Convertible Bond Details - The company issued 11.37 billion CNY worth of convertible bonds on May 19, 2022, with a total of 11.37 million bonds at a face value of 100 CNY each [1] - The conversion period for these bonds is from November 25, 2022, to May 18, 2028 [1] - The bond's conversion price is subject to adjustment based on the company's stock performance and other regulatory requirements [5] Adjustment Conditions - The conversion price can be adjusted downward if the company's stock price falls below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [5] - The company has triggered the condition for downward adjustment as of May 29, 2025, and has followed the necessary procedures to propose this adjustment [5][6] Shareholder Approval - The board of directors proposed the adjustment to the conversion price, which was subsequently approved at the company's first extraordinary general meeting on June 17, 2025 [6] - The average trading price of the company's stock prior to the shareholder meeting was 19.42 CNY per share [6]