BEIJING TELESOUND ELECTRONICS CO.(SZ:003004) Zheng Quan Zhi Xing·2025-07-02 16:25Group 1 - The company has issued 2.8 million convertible bonds with a total value of 280 million yuan, approved by the China Securities Regulatory Commission [1][2] - The bonds were listed on the Shenzhen Stock Exchange on February 10, 2023, under the name "Shengxun Convertible Bonds" with the code "127080" [1][2] - The initial conversion price of the bonds was set at 29.34 yuan per share, which has been adjusted to 29.14 yuan and will further adjust to 28.94 yuan due to dividend distributions [2][3] Group 2 - The conversion period for the bonds is from July 7, 2023, to December 29, 2028 [2] - The company has a clause allowing for downward adjustment of the conversion price if the stock price falls below 85% of the conversion price for at least 15 trading days within a 30-day period [3][4] - As of June 19, 2025, the company's stock price has been below the current conversion price of 24.60 yuan for ten trading days, indicating a potential trigger for the downward adjustment clause [4]