兴瑞科技: 关于不向下修正“兴瑞转债”转股价格的公告

Core Viewpoint - The company has decided not to adjust the conversion price of its convertible bonds, despite triggering conditions for a downward adjustment due to stock price performance [1][4]. Group 1: Convertible Bond Issuance - The company issued 4.62 million convertible bonds at a face value of 100 RMB each, raising a total of 462 million RMB, with a net amount of 454.907 million RMB after deducting issuance costs [1]. - The bonds have a maturity period of 6 years, from July 24, 2023, to July 23, 2029, and were listed on August 15, 2023 [1]. Group 2: Conversion Price Adjustment - The conversion price has been adjusted multiple times, currently set at 25.60 RMB per share, with previous adjustments occurring on January 2, 2024 (from 26.30 to 26.20 RMB), June 6, 2024 (from 26.20 to 25.90 RMB), and May 29, 2025 (from 25.90 to 25.60 RMB) [2]. - The downward adjustment clause allows the company to propose a conversion price adjustment if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][3]. Group 3: Decision on Price Adjustment - The board of directors decided not to adjust the conversion price after considering the company's fundamentals, stock price trends, and market conditions, aiming to protect the interests of all investors [4]. - The next period for potential price adjustment will start from October 23, 2025, should the conditions be met again [4].