永冠新材: 上海永冠众诚新材料科技（集团）股份有限公司关于“永22转债”预计触发转股价格修正条件的提示性公告

Key Points - The company Shanghai Yongguan Zhongcheng New Material Technology (Group) Co., Ltd. is expected to trigger the downward adjustment of the conversion price for its convertible bonds "Yong 22 Convertible Bonds" due to the stock price being below 85% of the current conversion price for ten consecutive trading days [1][8] - The current conversion price is set at 22.30 CNY per share, with the adjustment period starting from August 18, 2025, to August 29, 2025 [1][8] - The company issued 7.7 million convertible bonds on July 28, 2022, with a total amount of 770 million CNY and a maturity of six years [1][2] - The coupon rates for the bonds are structured to increase from 0.40% in the first year to 3.00% in the sixth year [1][2] - Previous adjustments to the conversion price have occurred, with the price being revised from 26.81 CNY to 22.79 CNY and then to 22.59 CNY following profit distribution [2][3] - The company plans to distribute cash dividends of 2.00 CNY per share for the 2022 fiscal year and 1.50 CNY per share for the 2023 fiscal year [3][4] - The conversion price will be further adjusted to 22.45 CNY after the 2024 profit distribution [5][6] - The company must follow specific procedures for adjusting the conversion price, including board approval and shareholder voting, with a requirement for two-thirds majority approval [7][9]