Core Viewpoint - The company announced that the "Tong 22 Convertible Bond" is expected to meet the conditions for a price adjustment, which may affect its conversion price in the future [1] Group 1: Issuance Overview - The company issued 120 million convertible bonds on February 24, 2022, with a total value of 12 billion yuan and a maturity of 6 years [2] - The initial conversion price was set at 39.27 yuan per share, which has been adjusted to 34.60 yuan per share due to annual profit distributions [2] Group 2: Price Adjustment Terms - The conversion price can be adjusted downwards if the company's stock price closes below 85% of the current conversion price for 15 out of 30 consecutive trading days [3] - The adjusted conversion price must not be lower than the average trading price of the company's stock over the 20 trading days prior to the shareholders' meeting [3] Group 3: Expected Trigger Situations - The company decided not to adjust the conversion price during specific periods, including from November 8, 2023, to May 7, 2024, and subsequent periods [5][6][7] - As of February 1, 2026, the company's stock has had 10 trading days with closing prices below 29.41 yuan, which could trigger the price adjustment if conditions are met [8]
通威股份有限公司关于“通22转债”预计满足转股价格修正条件的提示性公告