正帆科技：关于“正帆转债”预计触发转股价格向下修正条件的提示性公告

Core Viewpoint - Zhengfan Technology announced that its stock price has been below 85% of the current conversion price for 10 consecutive trading days, indicating a potential trigger for the downward adjustment of the conversion price of its convertible bonds [2] Summary by Relevant Sections - Stock Performance - From November 3 to November 14, 2025, the company's stock has closed below the conversion price threshold of 32.74 yuan per share for 10 consecutive trading days [2] - Conversion Price Adjustment Conditions - If the stock continues to meet the criteria for 5 out of the next 20 trading days, it may trigger the downward adjustment clause for the "Zhengfan Convertible Bonds" [2] - Board Meeting and Disclosure Requirements - Upon triggering the adjustment condition, the company will convene a board meeting to decide on the adjustment of the conversion price and will disclose the decision the next trading day [2]