Core Viewpoint - The company announced that as of December 10, 2025, its stock price has closed below 90% of the current conversion price for at least 10 out of the last 20 trading days, triggering conditions for a downward adjustment of the conversion price for its convertible bonds [1] Group 1 - The company issued a total of 2.99 billion yuan in convertible bonds in August 2020, with an initial conversion price of 8.22 yuan per share [1] - The current conversion price has been adjusted to 5.37 yuan per share after multiple adjustments [1] - The board of directors decided not to adjust the conversion price this time and will not propose an adjustment even if the conditions are triggered again from December 11, 2025, to March 10, 2026 [1] Group 2 - If the adjustment conditions are triggered after March 11, 2026, the company will follow the required procedures and disclose information accordingly [1]
齐翔腾达:触发转股价修正条件,决定暂不向下修正