Core Viewpoint - The company, Zhejiang Jiayi Insulation Technology Co., Ltd., has announced that its stock price has been below 85% of the current conversion price of its convertible bonds for 10 consecutive trading days, indicating a potential trigger for the downward adjustment clause in the bond issuance prospectus [1] Group 1 - The stock price of the company has been below the conversion price of the "Jiayi Convertible Bonds" for 10 trading days from October 16 to October 29, 2025 [1] - There is a possibility of triggering the downward adjustment clause as stipulated in the bond issuance prospectus, which states that if the stock price is below 85% of the conversion price for at least 15 out of any 30 consecutive trading days, the conversion price may be adjusted [1] - If the downward adjustment clause is triggered, the company's board of directors has the authority to propose a downward adjustment plan for the conversion price, which will then be submitted for shareholder approval [1]
嘉益股份:关于预计触发可转债转股价格向下修正条件的提示性公告