天合光能股份有限公司 关于董事会提议向下修正“天23转债”转股价格的公告

Core Points - The company proposes to adjust the conversion price of the "T23 Convertible Bond" downwards due to the stock price triggering the adjustment clause [2][6] - The initial conversion price was set at 69.69 CNY per share, which has been adjusted multiple times, with the latest adjustment bringing it down to 25.00 CNY per share [4][6] Group 1: Convertible Bond Basic Information - The company issued 88.64751 million convertible bonds with a total fundraising amount of 886.4751 million CNY, with a maturity period of six years from February 13, 2023, to February 12, 2029 [3] - The conversion period for the bonds is from August 17, 2023, to February 12, 2029 [4] Group 2: Conversion Price Adjustment History - The initial conversion price was set at 69.69 CNY per share, which was adjusted to 69.21 CNY per share on June 27, 2023, due to stock incentive plan adjustments and cash dividends [4] - The conversion price was further adjusted to 68.42 CNY per share on June 20, 2024, following a differentiated dividend distribution [5] - The conversion price was adjusted down to 25.00 CNY per share on February 26, 2025, after triggering the downward adjustment clause [6] Group 3: Downward Adjustment Clause - The downward adjustment clause allows the company to propose a reduction in the conversion price if the stock price falls below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [7] - The adjustment proposal must be approved by at least two-thirds of the voting rights at the shareholders' meeting [7] Group 4: Upcoming Shareholders' Meeting - The company will hold a shareholders' meeting on August 14, 2025, to discuss the proposed adjustment of the conversion price [12][14] - The meeting will utilize both on-site and online voting methods [12][14]