山东玻纤集团股份有限公司关于股权激励限制性股票回购注销完成暨调整“山玻转债”转股价格的公告

Core Viewpoint - The announcement details the completion of the repurchase and cancellation of restricted stock options and the adjustment of the conversion price for the "Shanbo Convertible Bonds" [1][4]. Group 1: Securities Information - The company issued 6 million convertible bonds with a total amount of RMB 60 million, with an initial conversion price of RMB 13.91 per share, which is now adjusted to RMB 11.07 per share [2][4]. - The conversion price adjustment will take effect on January 21, 2026, with the conversion being suspended on January 20, 2026 [4][13]. Group 2: Conversion Price Adjustment Basis - The adjustment of the conversion price is based on the repurchase and cancellation of 363,627.9 thousand shares of restricted stock that were granted but not yet released from restrictions [6][8]. - The adjustment formula for the conversion price is specified in the company's bond issuance prospectus, which includes various scenarios such as stock dividends and capital increases [3][10]. Group 3: Adjustment Results - The adjusted conversion price is calculated to be approximately RMB 11.18 per share, reflecting the impact of the repurchase and cancellation of restricted stock [11][12]. - The adjustment considers the repurchase prices of the restricted stocks and their respective proportions relative to the total share capital [11][12].