Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 annual profit distribution, resulting in a decrease from 8.20 CNY/share to 8.09 CNY/share, effective from July 25, 2025 [1][2]. Group 1: Conversion Price Adjustment - The previous conversion price was set at 8.20 CNY/share, and the new conversion price will be 8.09 CNY/share after the adjustment [1][2]. - The adjustment is based on the company's 2024 annual profit distribution plan, which was approved at the shareholders' meeting on June 19, 2025, involving a cash dividend of 0.11 CNY per share (including tax) [1][2]. - The adjustment formula used for the conversion price is P1 = P0 - D, where P0 is the previous conversion price, D is the cash dividend per share, and P1 is the adjusted conversion price [2]. Group 2: Suspension and Resumption of Trading - The convertible bonds will be suspended from conversion starting July 17, 2025, and will resume conversion at the new price on July 25, 2025 [2]. - The company’s convertible bonds have a maturity period of six years, from December 10, 2020, to December 9, 2026, with the conversion period running from June 16, 2021, to December 9, 2026 [1].
财通证券: 关于因实施2024年年度权益分派调整“财通转债”转股价格的公告