PIESAT(SH:688066) Ge Long Hui A P P·2025-12-29 09:41Core Viewpoint - The company has decided to adjust the period for not lowering the conversion price of the "Hongtu Convertible Bonds" to protect the interests of all investors, reflecting its response to current market conditions and future operational considerations [1] Group 1 - The company held the 18th meeting of the fourth board of directors on December 29, 2025, to review the proposal regarding the adjustment of the conversion price period for the "Hongtu Convertible Bonds" [1] - The period for not lowering the conversion price has been adjusted from "December 9, 2025, to January 8, 2026" to "December 9, 2025, to December 29, 2025" [1] - Starting from December 30, 2025, if the conversion price triggers the downward adjustment clause again, the board will convene to decide whether to exercise the right to lower the conversion price [1]