Proya(SH:603605) Zheng Quan Zhi Xing·2025-08-24 16:13Core Viewpoint - The adjustment of the conversion price for the "Pola Convertible Bonds" is due to the completion of the repurchase and cancellation of certain restricted stock options, leading to a change in the conversion price from 96.23 CNY/share to 96.26 CNY/share, effective from August 26, 2025 [1][6]. Group 1: Conversion Price Adjustment - The conversion price before adjustment was 96.23 CNY/share, and after adjustment, it is 96.26 CNY/share [2][6]. - The adjustment of the conversion price is based on the repurchase and cancellation of 242,424 shares of restricted stock due to the departure of 14 incentive plan participants [5][6]. - The conversion price adjustment will take effect on August 26, 2025, with the conversion being suspended on August 25, 2025 [2][6]. Group 2: Regulatory Compliance - The adjustment follows the relevant provisions in the prospectus and regulations from the China Securities Regulatory Commission regarding convertible bonds [3][5]. - The company has completed the necessary procedures for the repurchase and cancellation of the restricted stock as of August 21, 2025 [5][6]. - The adjustment method for the conversion price is outlined in the prospectus, ensuring compliance with applicable laws and regulations [4][5].