瑞达期货: 关于向下修正瑞达转债转股价格的公告

Core Viewpoint - The company announced a downward adjustment of the conversion price for its convertible bonds, "瑞达转债," due to the stock price falling below certain thresholds, impacting the bondholders and the company's financial strategy [1][6][10]. Group 1: Convertible Bond Basic Information - The company issued 6.5 million convertible bonds on June 29, 2020, with a total value of 650 million yuan and a maturity of six years [1]. - The initial conversion price was set at 29.82 yuan per share, effective from January 4, 2021 [2]. Group 2: Conversion Price Adjustments - The conversion price was adjusted from 29.82 yuan to 29.55 yuan on April 30, 2021, following a cash dividend distribution of 2.70 yuan per 10 shares [2]. - Subsequent adjustments occurred, with the conversion price changing to 29.22 yuan on May 16, 2022, and then to 29.00 yuan on June 5, 2023, after respective cash dividends of 3.30 yuan and 2.20 yuan per 10 shares [3][4]. - The conversion price was further adjusted to 28.78 yuan on May 13, 2024, and then to 28.65 yuan on November 11, 2024, following cash dividends of 2.20 yuan and 2.00 yuan per 10 shares [5][6]. Group 3: Conditions for Downward Adjustment - The downward adjustment clause was triggered when the company's stock price fell below 85% of the conversion price for 15 out of 30 consecutive trading days, specifically below 24.18 yuan [6][7]. - The company’s board proposed the adjustment, which was approved in a shareholder meeting on July 2, 2025, setting the new conversion price at 20.50 yuan, effective from July 3, 2025 [8][10]. Group 4: Shareholder Meeting and Approval Process - The board's proposal for the downward adjustment was submitted to the third extraordinary general meeting of shareholders, which approved the adjustment [9]. - The adjustment process included ensuring the new conversion price was not lower than the higher of the average stock price over the previous 20 trading days or the last trading day before the meeting [10].