Group 1 - The company issued 20 billion RMB of convertible bonds named "欧22转债" on August 5, 2022, with a maturity of six years and a tiered interest rate starting from 0.30% in the first year to 2.00% in the sixth year [2][3] - The initial conversion price was set at 125.46 RMB per share, which has been adjusted to 118.48 RMB per share due to the company's profit distribution and stock option exercises [3][4] - The conversion price can be adjusted downwards if the stock price falls below 80% of the current conversion price for at least 15 out of 30 consecutive trading days, requiring a two-thirds majority approval from shareholders [4][5] Group 2 - The company decided not to adjust the conversion price on June 16, 2025, and if the conditions for adjustment are triggered again within one month, it will also not adjust the price [5][6] - From July 17, 2025, if the stock price remains below 94.78 RMB per share for 5 out of the next 20 trading days, it will trigger the conditions for a downward adjustment of the conversion price [6]
欧派家居集团股份有限公司关于“欧22转债”预计满足转股价格修正条件的提示性公告