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禾丰食品股份有限公司关于不向下修正“禾丰转债”转股价格的公告

Group 1 - The company decided not to adjust the conversion price of "He Feng Convertible Bonds" despite triggering the downward adjustment clause due to stock prices falling below 85% of the current conversion price [2][9] - The board's decision was made during the 13th meeting of the 8th board on October 10, 2025, with a unanimous vote of 9 in favor and no opposition [9] - The company will not adjust the conversion price for the next six months, and any future triggers will be evaluated at that time [9] Group 2 - "He Feng Convertible Bonds" were issued on April 22, 2022, with a total amount of 1.5 million bonds, each with a face value of 100 yuan, totaling 1.5 billion yuan [3][12] - The bonds have a six-year term, with a coupon rate that increases from 0.3% in the first year to 2.0% in the sixth year [3][12] - The initial conversion price was set at 10.22 yuan per share, which has been adjusted to 10.09 yuan due to various factors including stock repurchases and profit distributions [4][14] Group 3 - As of September 30, 2025, a total of 33,133,000 yuan of "He Feng Convertible Bonds" have been converted into shares, resulting in 3,229,417 shares, which is 0.35% of the total shares before conversion [11][16] - The remaining unconverted bonds amount to 1,466,863,000 yuan, representing 97.79% of the total issuance [11][17]