江苏华辰变压器股份有限公司关于“华辰转债”转股价格调整暨转股停复牌的公告

Core Viewpoint - Jiangsu Huachen Transformer Co., Ltd. announced an adjustment to the conversion price of its convertible bonds due to the completion of the registration of restricted stock grants under its 2024 incentive plan, resulting in a new conversion price effective from January 28, 2026 [2][6]. Group 1: Securities Suspension and Resumption - The company's securities will be suspended from conversion on January 27, 2026, and will resume on January 28, 2026, following the adjustment of the conversion price [8][6]. - The adjustment is a result of the issuance of 715,000 new shares, which will affect the conversion price of the "Huachen Convertible Bonds" [2][3]. Group 2: Convertible Bond Details - The company issued 4,600,000 convertible bonds on June 20, 2025, with a total amount of 460 million yuan and a maturity of six years [2]. - The initial conversion price was set at 23.53 yuan per share, with a tiered interest rate structure over the six-year period [2][6]. Group 3: Conversion Price Adjustment - The conversion price was adjusted from 23.53 yuan per share to 23.48 yuan per share due to the issuance of new shares at a grant price of 12.25 yuan per share [6][8]. - The adjustment formula used for this calculation was based on the company's prospectus and regulatory guidelines [4][7].