Group 1 - The company announced that it will not adjust the conversion price of its convertible bonds, "起帆转债" [5][7] - The initial conversion price was set at 20.53 yuan per share, which has been adjusted multiple times due to stock incentive plans and profit distributions, with the latest price being 19.59 yuan per share [2][3][4] - The board of directors decided not to exercise the downward adjustment of the conversion price despite triggering conditions being met, citing confidence in the company's long-term development and market conditions [6][7] Group 2 - The convertible bonds were issued on May 24, 2021, with a total amount of 1 billion yuan and a maturity of 6 years, featuring a tiered interest rate structure [1] - The bonds were listed on the Shanghai Stock Exchange on June 17, 2021, under the code "111000" [1] - The next period for potential downward adjustment of the conversion price will start from June 20, 2025, if the conditions are triggered again [5][7]

Group 1 - The board of directors of Shanghai Qifan Cable Co., Ltd. held its 37th meeting on June 19, 2025, with all 9 directors present, confirming compliance with legal and procedural requirements [1][2] - The board reviewed and approved the proposal not to adjust the conversion price of the "Qifan Convertible Bonds" downwards, despite meeting the conditions for such an adjustment due to stock price performance [1] - The decision was made after considering the company's fundamentals, market conditions, and stock price trends, reflecting confidence in the company's long-term stable development and intrinsic value [1]

Core Viewpoint - The company proposes to adjust the conversion price of its convertible bonds due to the stock price falling below a certain threshold, aiming to enhance the investment value of the bonds and protect the interests of bondholders [1][9]. Group 1: Convertible Bond Basic Information - The company issued 6.5 million convertible bonds with a total value of 650 million yuan, with a maturity of 6 years starting from July 3, 2020 [1][2]. - The initial conversion price was set at 29.82 yuan per share, with subsequent adjustments made over time [2][3]. Group 2: Conversion Price Adjustments - The conversion price has been adjusted multiple times: from 29.82 yuan to 29.55 yuan on April 30, 2021, then to 29.22 yuan on May 16, 2022, and further down to 29.00 yuan on June 5, 2023 [2][3][4]. - The latest adjustment proposed is from 28.78 yuan to 28.65 yuan, effective from November 11, 2024 [5]. Group 3: Trigger for Price Adjustment - The company has triggered the downward adjustment clause for the conversion price as the stock price has been below 85% of the current conversion price for 15 out of the last 30 trading days [1][6][9]. - The proposed adjustment will require approval from shareholders, needing a two-thirds majority vote [7][9]. Group 4: Shareholder Meeting and Voting - The board of directors will submit the proposal for the conversion price adjustment to the shareholders' meeting, where bondholders must abstain from voting [7][9]. - The adjusted conversion price must not be lower than the higher of the average stock price over the last 20 trading days or the last trading day before the meeting [9]. Group 5: Additional Information - The conversion period for the bonds is from January 4, 2021, to June 28, 2026, and the company encourages investors to be aware of investment risks [10].

Core Viewpoint - The company has decided not to adjust the conversion price of its convertible bonds, despite meeting the conditions for a downward adjustment due to stock price performance [1][5]. Group 1: Convertible Bond Issuance Overview - The company issued convertible bonds totaling 2.6 billion RMB, with a maturity of 6 years, approved by the China Securities Regulatory Commission [2]. - The bonds were listed on the Shanghai Stock Exchange on September 8, 2023, under the name "双良转债" and code "110095" [2]. Group 2: Conversion Price Adjustment History - The initial conversion price was set at 11.81 RMB per share, which was later adjusted to 7.20 RMB per share on October 25, 2024 [3][4]. - A further adjustment brought the conversion price down to 6.18 RMB per share on March 25, 2025 [4]. Group 3: Decision on Downward Adjustment - As of June 16, 2025, the company's stock price had been below the conversion price for at least 15 trading days within a 30-day period, triggering the conditions for a downward adjustment [1][5]. - The board decided not to exercise the right to adjust the conversion price, citing confidence in the company's long-term value and the impact of macroeconomic factors [5]. - The board will reassess the situation after July 17, 2025, should the conditions for adjustment be met again [1][5].

Meeting Information - The company will hold its third extraordinary general meeting of 2025 on July 2, 2025, at 15:30 [1] - The meeting will include both on-site and online voting options for shareholders [2][3] Voting Procedures - Shareholders can vote either in person or through online platforms provided by the Shenzhen Stock Exchange [2][3] - The online voting will be available on July 2, 2025, from 9:15 to 15:00 [1][6] Shareholder Eligibility - Only shareholders registered by the cut-off date of June 25, 2025, are eligible to attend and vote [2][5] - Proxy voting is allowed, and the proxy does not need to be a shareholder of the company [2][5] Agenda Items - One of the key proposals to be voted on is the board's suggestion to lower the conversion price of the "Rida Convertible Bonds" [3][4]

Core Viewpoint - Longi Green Energy Technology Co., Ltd. has decided not to exercise the downward adjustment of the conversion price for the "Long 22 Convertible Bond" despite triggering the conditions for such an adjustment due to the stock price being below 85% of the current conversion price for fifteen trading days [1][5]. Group 1: Convertible Bond Overview - The company issued 70 million convertible bonds on January 5, 2022, with a total amount of 700 million yuan and a maturity of six years [2]. - The initial conversion price was set at 82.65 yuan per share, with the latest conversion price adjusted to 17.50 yuan per share [3][4]. Group 2: Downward Adjustment Conditions - The downward adjustment clause for the conversion price is triggered when the stock price is below 85% of the current conversion price for at least fifteen trading days within any thirty-day period [5]. - As of April 29, 2025, the stock price has been below the threshold, triggering the adjustment clause [5]. Group 3: Decision on Adjustment - The board of directors has decided not to exercise the right to adjust the conversion price at this time, and will not propose an adjustment in the next three months, even if the conditions are met again [2][6]. - The next period for potential adjustment will be recalculated starting from September 14, 2025 [5].

Group 1 - The board of directors of Wenta Technology Co., Ltd. held its 14th meeting of the 12th session on June 12, 2025, via telecommunication voting, with all 5 directors present [1][2] - The board decided not to adjust the conversion price of the "Wenta Convertible Bonds" despite triggering the downward adjustment clause, citing confidence in the company's long-term development potential and intrinsic value [2]

Core Viewpoint - The board of directors of Chongqing Construction Group Co., Ltd. proposed to lower the conversion price of the "Construction Convertible Bonds" due to the stock price being below 90% of the current conversion price for ten consecutive trading days, triggering the downward adjustment clause [1][4]. Group 1: Convertible Bond Basic Information - The company issued 16,600,000 convertible bonds on December 20, 2019, with a total amount of 1,660,000,000 yuan, each with a face value of 100 yuan [1][2]. - The convertible bonds have a term of six years from the date of issuance [1]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 4.65 yuan per share, which was adjusted to 4.57 yuan per share after a cash dividend distribution on July 16, 2020 [2]. - Subsequent adjustments were made due to annual dividend distributions, with the conversion price changing to 4.53 yuan on July 22, 2021, 4.49 yuan on July 28, 2022, and 4.47 yuan on July 28, 2023 [3][4]. Group 3: Downward Adjustment Proposal - The board's proposal to lower the conversion price is based on the condition that the stock price has been below 90% of the current conversion price (approximately 3.825 yuan) for ten consecutive trading days starting from May 27, 2025 [4][5]. - The proposal requires approval from the shareholders' meeting, with a two-thirds majority needed for implementation [4][5].

Group 1 - The company held its 36th meeting of the third board of directors on May 28, 2025, with all 9 directors present, and the meeting complied with the Company Law and the Articles of Association [2][3][4] - The board reviewed and approved the proposal not to adjust the conversion price of the "Qifan Convertible Bonds" downwards, despite triggering conditions for adjustment due to stock prices being below 85% of the current conversion price for at least 15 trading days [3][8][12] - The next period for potential adjustment of the conversion price will be recalculated starting from May 29, 2025, and the board will reconvene if further triggering conditions arise [3][12][13] Group 2 - The "Qifan Convertible Bonds" were issued on May 24, 2021, with a total issuance of 10 million bonds, each with a face value of 100 yuan, totaling 1 billion yuan, and a maturity of 6 years with varying interest rates [8][9] - The initial conversion price was set at 20.53 yuan per share, which has been adjusted multiple times due to corporate actions, with the latest price being 19.59 yuan per share [10][11][12] - The company has established specific terms for downward adjustment of the conversion price, which requires at least two-thirds approval from shareholders present at the meeting [12][13]

Core Viewpoint - Yunda Holdings Group Co., Ltd. is expected to trigger a downward adjustment of the conversion price for its convertible bonds due to the stock price being below 85% of the current conversion price for ten consecutive trading days [1][4] Group 1: Convertible Bond Basic Information - The company issued 24.5 million convertible bonds at a price of 100 yuan each, totaling 2.45 billion yuan, which began trading on May 23, 2023 [1] - The initial conversion price was set at 12.15 yuan per share, which was adjusted to 12.10 yuan per share effective June 8, 2023, and will further adjust to 11.93 yuan per share effective June 7, 2024 [2] Group 2: Downward Adjustment Conditions - The conversion price can be adjusted downward if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][3] - The adjusted conversion price must not be lower than the average stock price over the 20 trading days prior to the shareholders' meeting [2] Group 3: Adjustment Procedures - If a downward adjustment is decided, the company will announce the adjustment details, including the adjustment range and the record date for shareholders [3] - The conversion applications will resume on the first trading day after the adjustment date, using the new conversion price [3]