豪威集成电路（集团）股份有限公司关于不向下修正“韦尔转债”转股价格的公告

Core Viewpoint - The company has decided not to exercise the downward adjustment of the conversion price for the "Weir Convertible Bonds" despite triggering the conditions for such an adjustment as of January 15, 2026 [2][9]. Group 1: Convertible Bond Overview - The company issued 2,440 million yuan worth of convertible bonds, known as "Weir Convertible Bonds," with an initial conversion price of 222.83 yuan per share [3]. - The bonds have a maturity period from December 28, 2020, to December 27, 2026, with a conversion period from July 5, 2021, to December 27, 2026 [3]. Group 2: Conversion Price Adjustment History - The conversion price was adjusted from 222.83 yuan to 222.52 yuan after a cash dividend distribution of 3.15 yuan per 10 shares in 2020 [4]. - Following a cash dividend of 0.52 yuan per share and a capital increase of 0.35 shares per share in 2021, the conversion price was further adjusted to 164.44 yuan [4]. - The conversion price was adjusted to 164.36 yuan after a cash dividend of 0.84 yuan per 10 shares in 2022 [4]. - The conversion price was adjusted to 162.80 yuan following the issuance of 31 million GDRs at a price of 14.35 USD each [5]. - After a cash dividend of 1.40 yuan per 10 shares in 2023, the conversion price was adjusted to 162.66 yuan [6]. - The conversion price was adjusted to 162.46 yuan after a cash dividend of 2.00 yuan per 10 shares in the mid-2024 profit distribution [6]. - Following a cash dividend of 2.20 yuan per 10 shares in 2024, the conversion price was adjusted to 162.24 yuan [6]. - The conversion price was adjusted to 161.84 yuan after a cash dividend of 4.00 yuan per 10 shares in the mid-2025 profit distribution [6]. - The conversion price was adjusted to 159.38 yuan after the issuance of 45.8 million H shares on January 12, 2026 [7]. Group 3: Downward Adjustment Conditions - The company triggered the downward adjustment clause for the conversion price as the stock price fell below 85% of the current conversion price for 15 out of 30 consecutive trading days [8]. - The board of directors voted unanimously to not exercise the downward adjustment right and will not propose any adjustment for the next six months [9].