HONGLU(SZ:002541) Shang Hai Zheng Quan Bao·2025-11-07 20:33Group 1 - The company held its 27th meeting of the 6th Board of Directors on November 7, 2025, with all 5 directors present, meeting the legal requirements for the meeting [2][3] - The Board unanimously approved the proposal not to lower the conversion price of the "Honglu Convertible Bonds" [3][7] - The decision will take effect from the next trading day after the meeting, November 10, 2025, and if the conversion price adjustment clause is triggered again, the Board will convene to decide on the matter [7][17] Group 2 - The company issued 18.80 billion RMB worth of convertible bonds on October 9, 2020, with a maturity of six years [8] - The initial conversion price was set at 43.74 RMB per share, which has been adjusted multiple times, with the latest adjustment bringing it to 32.08 RMB per share as of June 14, 2025 [11][14] - The conversion period for the bonds is from April 15, 2021, to October 8, 2026 [10][13]