CJJG(SH:600496) Shang Hai Zheng Quan Bao·2025-07-31 17:58Core Viewpoint - The company, Jiangsu Jinggong Steel Structure Group Co., Ltd., is expected to trigger the condition for a downward adjustment of the conversion price of its convertible bonds due to its stock price being below 80% of the current conversion price for 10 consecutive trading days [2][5]. Group 1: Convertible Bond Basic Information - The company issued 20 million convertible bonds with a total value of RMB 2 billion, with a maturity of 6 years and a face value of RMB 100 per bond [3]. - The initial conversion price was set at RMB 5.00 per share, which has been adjusted multiple times due to equity distributions, currently standing at RMB 4.79 per share [4][6]. Group 2: Conversion Price Adjustment Conditions - The conversion price can be adjusted downwards if the stock price is below 80% of the conversion price for 15 out of 30 consecutive trading days [5]. - The company will hold a board meeting to decide on the adjustment if the conditions are met, and must disclose the decision promptly [7].