Core Viewpoint - The company announced that its stock price has fallen below 80% of the conversion price, which may trigger a downward adjustment of the conversion price for its bonds [2] Group 1 - As of November 17, 2025, the company's stock price has closed below 20.032 CNY per share for ten consecutive trading days, which is 80% of the conversion price of 25.04 CNY per share [2] - If the stock price remains below 80% of the conversion price for at least 15 out of 30 consecutive trading days, it will trigger the downward adjustment clause for the "Giant Star Convertible Bonds" [2] - Upon triggering the condition, the company will convene a board meeting on the same day to decide whether to adjust the conversion price and will fulfill its information disclosure obligations promptly [2]
巨星农牧: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