OPPEIN(SH:603833) Zheng Quan Zhi Xing·2025-08-24 16:18Core Viewpoint - The company has announced a downward adjustment of the conversion price for its convertible bonds, "欧 22 转债," which will take effect on August 26, 2025, following a period of suspension of conversion starting from August 25, 2025 [1][6]. Summary by Sections Convertible Bond Basic Information - The company issued 20 million convertible bonds on August 5, 2022, with a total value of RMB 2 billion and a maturity of six years [2][3]. - The initial conversion price was set at RMB 125.46 per share, which has been adjusted to RMB 118.48 per share due to various corporate actions [3]. Conversion Price Adjustment - The conversion price will be adjusted from RMB 118.48 per share to RMB 54.00 per share, effective from August 26, 2025 [4][6]. - The adjustment was triggered as the stock price was below 80% of the current conversion price for at least 15 trading days [5]. Decision-Making Process - The board of directors proposed the adjustment, which was approved with a unanimous vote of 7 in favor during the 27th meeting of the fourth board session [6]. - The adjustment complies with the terms outlined in the bond issuance prospectus and has been authorized by the company's shareholders [5][6].