Core Points - The company has issued a notice regarding the potential adjustment of the conversion price of its convertible bonds, "Giant Star Convertible Bonds," if certain stock price conditions are met [2][6][8] Group 1: Convertible Bond Issuance - The company issued convertible bonds with a total face value of 1 billion yuan, consisting of 10 million bonds at a face value of 100 yuan each, with a maturity of 6 years and a tiered interest rate structure [2][3] - The bonds were approved by the China Securities Regulatory Commission and began trading on May 17, 2022, under the code "113648" [3] Group 2: Conversion Price Adjustment - The initial conversion price was set at 25.24 yuan per share, which was adjusted to 25.21 yuan per share on August 8, 2023, following a profit distribution plan approved at the annual shareholders' meeting [4] - A further adjustment to the conversion price to 25.04 yuan per share is scheduled to take effect on June 17, 2025, based on the company's profit distribution plan for 2024 [5] Group 3: Trigger Conditions for Price Adjustment - The conversion price can be adjusted downwards if the company's stock price falls below 80% of the current conversion price for at least 15 out of 30 consecutive trading days [6][8] - As of October 27, 2025, the stock price has been below 20.032 yuan (80% of 25.04 yuan) for 10 trading days, indicating a potential trigger for the price adjustment if the trend continues [7][8]
乐山巨星农牧股份有限公司 关于“巨星转债”预计满足转股价格向下修正条件的提示性公告