Group 1 - The company, Jiangsu Wujin Stainless Steel Co., Ltd., has announced a potential downward adjustment of the conversion price for its convertible bonds, "Wujin Convertible Bonds" [1][2] - The company issued 3.1 million convertible bonds with a total amount of 31 million yuan, which began trading on August 3, 2023 [2] - The initial conversion price was set at 8.55 yuan per share, which has been adjusted to 7.93 yuan per share due to annual profit distribution [2][3] Group 2 - The downward adjustment clause for the conversion price states that if the company's stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days, the board can propose a price adjustment [4] - The company has observed that from August 14 to August 27, 2025, the stock price has been below the current conversion price threshold, indicating a potential trigger for the adjustment [7] - If the conditions for adjustment are met, the company will disclose the decision regarding the conversion price adjustment in accordance with regulatory requirements [7]
江苏武进不锈股份有限公司关于“武进转债”预计触发转股价格向下修正条件的提示性公告