开润股份: 关于不向下修正开润转债转股价格的公告

Core Viewpoint - The company has decided not to adjust the conversion price of its convertible bonds, despite meeting the conditions for a downward adjustment due to stock price performance [1][6]. Group 1: Convertible Bond Overview - The company issued 2,230,000 convertible bonds at a face value of 100 RMB each on December 26, 2019, with trading commencing on January 23, 2020 [2]. - The current conversion price of the bonds is 29.31 RMB per share, effective from May 30, 2025 [5]. Group 2: Price Adjustment History - The conversion price has been adjusted multiple times since issuance, with the most recent adjustments being to 29.73 RMB on June 14, 2023, and to 29.64 RMB on June 5, 2024 [4][5]. - The conversion price was previously set at 30.00 RMB on February 26, 2021, following a downward adjustment due to stock price conditions [3]. Group 3: Decision on Price Adjustment - The board of directors held a meeting on August 15, 2025, and decided not to proceed with a downward adjustment of the conversion price, despite the stock price being below 85% of the current conversion price for a specified period [1][6]. - The next period for potential price adjustment will begin on September 16, 2025, should the conditions be met again [6].