Group 1 - The company announced that the "Tianye Convertible Bond" is expected to meet the conditions for a downward adjustment of the conversion price [1] - The convertible bond was issued on June 23, 2022, with a total issuance of 30 million bonds, amounting to RMB 300 million [2] - The current conversion price is set at RMB 6.78 per share [5] Group 2 - The downward adjustment clause allows the company to propose a new conversion price if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [5][6] - The company will hold a board meeting on January 22, 2025, to decide on the adjustment rights, and if triggered again within six months, it will not propose a downward adjustment [7][8] - From July 23, 2025, if the conditions are met again, the board will reconsider the adjustment of the conversion price [8]
新疆天业股份有限公司关于“天业转债”预计满足转股价格修正条件的提示性公告