嘉美包装: 关于不向下修正嘉美转债转股价格的公告

Core Viewpoint - The company has triggered the downward adjustment clause for its convertible bonds due to stock prices being below 85% of the conversion price for at least 15 out of the last 30 trading days, but the board has decided not to implement the downward adjustment at this time [1][6][7]. Summary of Convertible Bonds - The company issued convertible bonds with a total amount of RMB 750 million, with an initial conversion price set at RMB 4.87 per share [1]. - The conversion price has been adjusted multiple times: from RMB 4.87 to RMB 4.86 on May 30, 2022, then to RMB 4.85 on June 8, 2023, and further down to RMB 4.62 on January 24, 2024, and subsequently to RMB 4.59 on May 28, 2024, and finally to RMB 4.58 on September 6, 2024, and RMB 4.57 on May 27, 2025 [2][3][5][7]. - The company has the right to propose a downward adjustment of the conversion price if the stock price conditions are met, which requires a two-thirds majority approval from shareholders [6]. Decision on Downward Adjustment - The board of directors decided not to proceed with the downward adjustment of the conversion price despite the triggering conditions being met, citing confidence in the company's long-term potential and market conditions [7]. - The company will not propose any downward adjustment for the next six months, from June 30, 2025, to December 29, 2025, even if the conditions are triggered again [7].