OPPEIN(SH:603833) Zheng Quan Zhi Xing·2025-07-17 16:20Core Viewpoint - The company announces an adjustment to the conversion price of the "Ou 22 Convertible Bond" due to the implementation of the 2024 annual profit distribution plan, which will take effect on July 25, 2025 [1][4][6] Summary by Relevant Sections Convertible Bond Details - The company issued 20 billion RMB worth of convertible bonds on August 5, 2022, with a maturity of six years and a tiered interest rate structure [2] - The bond's conversion period is from February 13, 2023, to August 4, 2028 [2] Profit Distribution Plan - The company plans to distribute a cash dividend of 2.48 RMB per share (tax included) to all shareholders, without capital reserve transfers or stock bonuses [2][3] - The total number of shares eligible for distribution is calculated after deducting shares held in the company's repurchase account [5] Conversion Price Adjustment - The conversion price before adjustment is 120.95 RMB per share, which will be adjusted to 118.48 RMB per share [4][5] - The adjustment formula considers factors such as stock dividends, capital increases, and cash dividends [3][5] - The adjusted conversion price will be effective from July 25, 2025 [4][6] Suspension and Resumption of Conversion - The "Ou 22 Convertible Bond" will be suspended from conversion from July 17, 2025, until the equity registration date on July 24, 2025, and will resume conversion on July 25, 2025 [6]