洽洽食品: 洽洽食品股份有限公司关于预计触发“洽洽转债”转股价格向下修正条件的提示性公告

Core Viewpoint - The company is expected to trigger the condition for a downward adjustment of the conversion price for its convertible bonds, "Qiaqia Convertible Bonds," due to the stock price being below 85% of the current conversion price for a significant number of trading days [1][7]. Group 1: Convertible Bond Issuance Overview - The company issued a total of 1.34 billion yuan in convertible bonds, with a term of six years, approved by the China Securities Regulatory Commission [2]. - The bonds began trading on November 18, 2020, and the conversion period started on April 26, 2021, lasting until the maturity date of October 19, 2026 [2]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 60.83 yuan per share, which was adjusted to 60.03 yuan per share on June 11, 2021, following a cash dividend distribution [2]. - Subsequent adjustments were made due to annual dividend distributions, with the conversion price changing to 59.18 yuan on June 22, 2022, and further to 58.18 yuan on June 20, 2023, and then to 57.19 yuan on June 20, 2024 [3][4]. Group 3: Downward Adjustment Conditions - The company’s board has the authority to propose a downward adjustment of the conversion price if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [5][7]. - The current period for assessing this condition began on July 7, 2025, and as of July 18, 2025, the stock price has been below the threshold for ten trading days [7]. Group 4: Future Considerations - If the company decides to adjust the conversion price, it will announce the decision through designated media, including the adjustment magnitude and relevant dates [6]. - The next assessment period for triggering a downward adjustment will restart from July 7, 2025, if the condition is met again within six months [6].