五矿新能: 五矿新能源材料（湖南）股份有限公司关于不向下修正“锂科转债”转股价格的公告

Core Viewpoint - The company has decided not to adjust the conversion price of the "Lithium Science Convertible Bond" despite triggering the downward adjustment clause due to stock price performance [1][3][5] Summary by Sections Convertible Bond Issuance Overview - The company issued 32.5 million convertible bonds on October 11, 2022, with a total amount of RMB 3.25 billion and a maturity period of six years [1][2] - The initial conversion price was set at RMB 15.76 per share, later adjusted to RMB 15.53 per share due to a rights issue [2] Downward Adjustment Clause for Conversion Price - The board has the authority to propose a downward adjustment of the conversion price if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][3] - The adjusted conversion price must not be lower than the average trading price of the stock for the 20 trading days prior to the shareholders' meeting [3] Specific Explanation for Not Adjusting the Conversion Price - As of August 12, 2025, the company's stock price had been below RMB 13.20 (85% of the current conversion price) for the required number of trading days, triggering the adjustment clause [3][5] - The board, after considering various factors, unanimously decided not to adjust the conversion price and will not propose any adjustment for the next six months [5]