广东嘉元科技股份有限公司关于“嘉元转债”预计满足转股价格修正条件的提示性公告

Core Viewpoint - The company announces that the convertible bond "Jia Yuan Convertible Bond" is expected to meet the conditions for a downward adjustment of the conversion price due to the stock price falling below 85% of the current conversion price for 10 trading days [2][9]. Summary by Sections Convertible Bond Issuance Overview - The company issued 12.4 million convertible bonds on February 23, 2021, with a total amount of 1.24 billion yuan and a maturity period of six years [3]. - The initial conversion price was set at 78.99 yuan per share, with the bonds listed on the Shanghai Stock Exchange starting March 15, 2021 [3]. Conversion Price Adjustment History - The conversion price has been adjusted multiple times due to various corporate actions: - Adjusted to 78.74 yuan on May 6, 2021, due to the 2020 annual profit distribution [4]. - Adjusted to 78.03 yuan on May 6, 2022, due to the 2021 annual profit distribution [4]. - Adjusted to 71.22 yuan on October 20, 2022, following a specific stock issuance [4]. - Adjusted to 50.48 yuan on May 26, 2023, due to the 2022 annual profit distribution [5]. - Adjusted to 50.47 yuan on July 3, 2024, due to the 2023 annual profit distribution [5]. - Adjusted to 41.88 yuan on July 11, 2024, following a shareholder meeting [6]. Conversion Price Adjustment Conditions - The conditions for a downward adjustment of the conversion price state that if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days, the board can propose an adjustment [8]. - The expected trigger period for the current adjustment starts from July 18, 2025, and if the stock price remains below 35.60 yuan for the subsequent 20 trading days, the adjustment may be executed [9].