SONAVOX(SH:688533) Shang Hai Zheng Quan Bao·2026-02-04 19:02Core Viewpoint - The announcement details the completion of the restricted stock vesting and the adjustment of the convertible bond conversion price for Suzhou Sonavox Electronics Co., Ltd, following the company's stock incentive plans [1][2]. Group 1: Stock Incentive Plans - The company completed the registration of 2,128,700 shares of restricted stock on January 29, 2026, increasing the total share capital from 162,857,655 shares to 164,986,355 shares [2]. - The adjustments pertain to the second vesting period of the 2023 stock incentive plan and the first vesting period of the 2024 stock incentive plan [2]. Group 2: Convertible Bond Conversion Price Adjustment - The conversion price of the convertible bond was adjusted from 29.11 CNY per share to 28.99 CNY per share, effective from February 6, 2026 [3][5]. - The adjustment was calculated based on the issuance of new shares from the stock incentive plans, with specific rates for each plan contributing to the new conversion price [5]. Group 3: Adjustment Calculation Methodology - The formula for adjusting the conversion price considers the issuance of new shares and cash dividends, ensuring a fair adjustment process [4]. - The adjustment process is designed to protect the rights of convertible bondholders in the event of changes in the company's equity structure [4].