XINJIANG TIANYE(SH:600075) Zheng Quan Zhi Xing·2025-09-01 16:10Group 1 - The company held its fourth temporary board meeting on September 1, 2025, with all nine directors present, to discuss the downward adjustment of the conversion price of "Tianye Convertible Bonds" [2][3] - The board decided to lower the conversion price from 6.78 CNY per share to 5.60 CNY per share, effective from September 3, 2025, due to the stock price being below 85% of the conversion price for at least 15 out of the last 30 trading days [3][4] - The adjustment aims to optimize the company's capital structure and enhance its long-term competitiveness [2][3] Group 2 - The company plans to construct a 220kV substation project in the Shihezi Tenhu Tan Industrial Park to meet the increasing electricity demand and improve power supply reliability [5][6] - The total dynamic investment for the project is estimated at 212.44 million CNY, funded by the company's own and self-raised funds [5] - The project is expected to enhance the integration of power generation, grid, load, and storage resources, thereby reducing electricity costs and improving economic efficiency [5][6]