Group 1 - The company has terminated the investment agreement with the Jiangsu Wujiang Dongtai Lake Ecological Tourism Resort Management Office due to changes in investment cooperation conditions that made it difficult to achieve the original investment goals [2][3] - The company had planned to invest up to 1 billion yuan in the establishment of a subsidiary for the project, but the project has not been substantively implemented, and no actual capital contributions were made by either party [2][4] - The decision to terminate the investment was made after careful consideration and friendly communication with the partner, ensuring that it would not adversely affect the company's main business, operating performance, or financial status [3][4] Group 2 - The company has a convertible bond, "Qiaoyin Convertible Bond," with a current conversion price of 17.90 yuan per share, and the conversion period is from May 24, 2021, to November 16, 2026 [8][11] - The company has decided not to lower the conversion price of the convertible bond despite triggering conditions for a downward adjustment, as the stock price has been below 85% of the conversion price for 10 trading days [8][18] - The company will follow the necessary procedures for any future adjustments to the conversion price, including board meetings and shareholder approvals, as stipulated in the bond issuance regulations [15][16]
侨银城市管理股份有限公司关于终止投资协议的公告