浙江李子园食品股份有限公司关于不向下修正“李子转债”转股价格的公告

Core Viewpoint - Zhejiang Liziyuan Food Co., Ltd. has decided not to adjust the conversion price of its convertible bonds, despite triggering the downward adjustment clause due to stock prices falling below 80% of the conversion price for fifteen consecutive trading days [2][9]. Group 1: Convertible Bond Issuance Overview - The company issued 6 million convertible bonds with a total value of 600 million yuan, with a maturity of six years and a tiered interest rate starting from 0.3% in the first year to 2.0% in the sixth year [3]. - The bonds were listed on the Shanghai Stock Exchange on July 13, 2023, with an initial conversion price set at 19.47 yuan per share, effective from December 28, 2023, to June 19, 2029 [3]. Group 2: Conversion Price Adjustment Terms - The downward adjustment clause allows the company to propose a conversion price adjustment if the stock price is below 80% of the conversion price for at least fifteen trading days within any thirty-day period [7]. - If the company decides to adjust the conversion price, it must announce the adjustment details, including the adjustment range and the record date for shareholders [8]. Group 3: Decision on Price Adjustment - The board of directors, after considering various factors, including the company's fundamentals and market conditions, decided not to adjust the conversion price at the fourth board meeting held on January 30, 2026 [9]. - The company will not propose any downward adjustment for six months following the decision, and any future adjustments will be reconsidered after July 31, 2026 [2][9].