EASEPAL(SZ:002614) Shang Hai Zheng Quan Bao·2025-06-27 21:21Core Viewpoint - The company, Aojiahua Intelligent Health Technology Group Co., Ltd., has announced a potential downward adjustment of the conversion price for its convertible bonds, "Aojia Convertible Bonds," due to the stock price falling below a certain threshold [2][12]. Group 1: Convertible Bond Issuance and Adjustment - The company issued 12 million convertible bonds with a total value of 120 million yuan, approved by the China Securities Regulatory Commission [3]. - The bonds were listed on the Shenzhen Stock Exchange on March 18, 2020, with a conversion price initially set at 10.89 yuan per share [4]. - The conversion price has been adjusted multiple times due to profit distribution, with the latest adjustment bringing it down to 9.35 yuan per share effective from May 29, 2025 [8]. Group 2: Conditions for Price Adjustment - The company may adjust the conversion price downwards if the stock price remains below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [10]. - If the conditions are met, the board will convene to decide on the adjustment and disclose the decision accordingly [11]. Group 3: Recent Developments - As of June 16, 2025, the stock price has been below the threshold of 7.95 yuan per share, indicating a potential trigger for the conversion price adjustment [12]. - The board has previously decided not to adjust the conversion price for a six-month period starting from December 14, 2024 [12].