Workflow
濮耐股份: 关于实施权益分派期间濮耐转债暂停转股的公告

Core Viewpoint - Puyang Pina High-Temperature Materials (Group) Co., Ltd. will implement the 2024 annual equity distribution, affecting the convertible bonds' conversion rights during the specified period [1][2] Group 1: Equity Distribution and Convertible Bonds - The company will suspend the conversion of its convertible bonds (Pina Convertible Bonds; bond code: 127035) from July 3, 2025, until the equity distribution registration date for the 2024 annual equity distribution [1] - The conversion of the bonds will resume on the first trading day after the equity distribution registration date [1] - The convertible bonds will continue to trade normally during the suspension period, and bondholders are advised to pay attention [1] Group 2: Adjustment of Conversion Price - The adjustment of the conversion price will occur in the event of stock dividends, capital increases, new share issuances, rights issues, or cash dividends, following specific formulas outlined in the bond issuance prospectus [1][2] - The formulas for adjusting the conversion price include calculations based on the number of shares distributed, the price of new shares, and the amount of cash dividends [1] - The company will announce any adjustments to the conversion price on the Shenzhen Stock Exchange and other designated media, ensuring transparency and protection of bondholders' rights [2]