ECOVACS(SH:603486) Zheng Quan Zhi Xing·2025-06-20 09:41Group 1 - The company announced that the convertible bond "Kewo Convertible Bond" may meet the conditions for a downward adjustment of the conversion price [1][2] - The conversion price adjustment clause allows the board to propose a downward adjustment if the stock price is below 85% of the current conversion price for 15 out of 30 consecutive trading days [1] - The adjusted conversion price must not be lower than the average trading price of the company's A shares over the 20 trading days prior to the shareholders' meeting [1] Group 2 - From June 9, 2025, to June 20, 2025, the company's stock has recorded 10 trading days where the closing price was below 85% of the current conversion price of 174.72 yuan per share, which is 148.51 yuan per share [2] - If the stock price continues to meet the conditions in the next 20 trading days, it may trigger the conversion price adjustment clause [2] - The company will disclose relevant announcements regarding the adjustment, including the adjustment range and the record date for shareholders [2]