IRAY TECHNOLOGY(SH:688301) Shang Hai Zheng Quan Bao·2025-10-14 19:35Core Viewpoint - The announcement details the adjustment of the conversion price for "Yirui Convertible Bonds" following the completion of the second vesting of the first grant under the 2021 Restricted Stock Incentive Plan, resulting in an increase in the company's total share capital. Group 1: Conversion Price Adjustment - The conversion price for "Yirui Convertible Bonds" has been adjusted from 115.50 CNY per share to 115.46 CNY per share, effective from October 16, 2025 [5][8]. - The adjustment is based on the completion of the vesting registration of 144,334 shares at a price of 62.34 CNY per share, increasing the total share capital from 200,218,370 shares to 200,362,704 shares [7][28]. Group 2: Regulatory Compliance - The adjustment of the conversion price complies with the relevant regulations set forth by the China Securities Regulatory Commission and the terms outlined in the prospectus for the issuance of convertible bonds [3][4]. - The company will publish further announcements regarding any future adjustments to the conversion price in accordance with applicable laws and regulations [6][8]. Group 3: Impact on Financials - The newly vested shares represent approximately 0.07% of the total share capital prior to the adjustment and are not expected to have a significant impact on the company's recent financial performance [28].