Group 1 - The core point of the article indicates that BluFan Medical (002382) is expected to trigger a downward adjustment of its convertible bond conversion price due to its stock price being below 85% of the current conversion price for 10 consecutive trading days [1][3] - As of October 14, 2025, BluFan Medical's stock closed at 5.6 yuan, reflecting a 1.45% increase with a trading volume of 92,800 shares and a transaction amount of 51.79 million yuan [1] - The main capital flow on October 14 shows a net inflow of 2.785 million yuan from institutional investors, while retail investors experienced a net outflow of 729,700 yuan [1][3] Group 2 - The current conversion price for the convertible bond is 10.50 yuan per share, and if the adjustment condition is triggered, the company will hold a board meeting to discuss whether to revise the conversion price [1] - Historical adjustments of the conversion price have occurred multiple times, with the latest being 10.50 yuan per share as of September 23, 2025, down from previous prices [1]

Core Viewpoint - The company, BluFan Medical Co., Ltd., is expected to trigger the condition for a downward adjustment of the convertible bond conversion price due to its stock price being below 85% of the current conversion price for 10 trading days [2][12]. Group 1: Convertible Bond Issuance and Adjustment - The company issued 31,440,404 convertible bonds with a total value of 314.404 million yuan on May 28, 2020 [3]. - The convertible bonds were listed on the Shenzhen Stock Exchange on June 19, 2020, under the name "BluFan Convertible Bond" and code "128108" [4]. - The conversion period for the bonds is from December 3, 2020, to May 27, 2026 [5]. - The initial conversion price was set at 10.50 yuan per share [2]. Group 2: Conversion Price Adjustments - The conversion price has been adjusted multiple times due to various corporate actions, including performance compensation and profit distribution [6][7][8]. - The conversion price was adjusted from 17.79 yuan to 18.64 yuan on June 25, 2021, and subsequently to 18.24 yuan on July 7, 2021, and further to 17.84 yuan on May 31, 2023 [6][7][8]. - The most recent adjustment occurred on September 23, 2025, lowering the conversion price to 10.50 yuan per share [10]. Group 3: Trigger Conditions for Price Adjustment - The company is required to hold a board meeting to decide on the adjustment of the conversion price if the stock price remains below 85% of the conversion price for 10 trading days [12]. - The specific threshold for triggering the adjustment is set at 8.925 yuan per share, which is 85% of the current conversion price of 10.50 yuan [12].

Core Viewpoint - The company, Anhui Honglu Steel Structure (Group) Co., Ltd., is expected to trigger the downward adjustment of the conversion price for its convertible bonds due to the stock price being below 85% of the current conversion price for a specified period [1][9]. Group 1: Convertible Bond Issuance and Terms - The company issued 18.80 billion RMB worth of convertible bonds on October 9, 2020, with a face value of 100 RMB each, totaling 18.80 million bonds [2]. - The bonds were listed on the Shenzhen Stock Exchange on November 2, 2020, under the name "Honglu Convertible Bonds" with the code "128134" [3]. - The conversion period for the bonds is from April 15, 2021, to October 8, 2026 [4]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 43.74 RMB per share, which has been adjusted multiple times due to equity distributions, with the latest adjustment bringing it to 32.08 RMB per share effective from June 20, 2025 [5][6][9]. - The company has the right to propose a downward adjustment of the conversion price if the stock price remains below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [7][9]. Group 3: Triggering Conditions for Price Adjustment - From September 19, 2025, to October 10, 2025, if the company's stock closes below 27.27 RMB (85% of the current conversion price of 32.08 RMB) for 10 trading days, it may trigger the downward adjustment condition [1][9]. - The company is obligated to follow the procedures for price adjustment and disclose information as per the relevant regulations if the conditions are met [9]. Group 4: Other Information - Investors are encouraged to refer to the company's prospectus for further details regarding the convertible bonds and to pay attention to subsequent announcements for any updates [10].

Group 1 - The core point of the article is that the company has decided not to exercise the downward adjustment of the conversion price for the "Yangfeng Convertible Bonds" for the next six months, maintaining confidence in its future development potential and intrinsic value [3][9][20] - The ninth board meeting of the company was held on September 18, 2025, with all nine directors present, and the meeting's procedures complied with legal requirements [2][4] - The board unanimously approved the resolution regarding the non-adjustment of the conversion price, indicating a strategic decision to protect the interests of shareholders and investors [3][4][20] Group 2 - The company issued 10 million convertible bonds on March 25, 2021, with a total amount of 1 billion yuan, and the net proceeds after expenses were approximately 991.22 million yuan [10] - The initial conversion price of the "Yangfeng Convertible Bonds" was set at 20.13 yuan per share, which has undergone several adjustments since its issuance [13][15][16] - The company has a mechanism for adjusting the conversion price based on stock performance, specifically if the stock price falls below 85% of the conversion price for a specified period [19][20]

Group 1 - The company, Guangli Technology, announced that its stock price has been below 85% of the current conversion price for 10 trading days from September 1, 2025, to September 17, 2025 [2] - If the stock price continues to remain below 85% of the current conversion price, it may trigger the condition for a downward adjustment of the "Guangli Convertible Bond" conversion price [2] - Upon triggering the condition, the company will convene a board meeting on the same day to decide whether to adjust the conversion price and will fulfill its information disclosure obligations in a timely manner [2]

Core Viewpoint - The company, Shandong Longda Food Co., Ltd., has announced the potential triggering of conditions for a downward adjustment of the conversion price of its convertible bonds due to recent stock price performance [2][8]. Group 1: Convertible Bond Issuance Overview - The company issued 9.5 million convertible bonds with a total value of 950 million yuan, approved by the China Securities Regulatory Commission on July 13, 2020 [3]. - The bonds were listed on the Shenzhen Stock Exchange on August 7, 2020, under the name "Longda Convertible Bonds" with the code "128119.SZ" [3]. Group 2: Conversion Price Adjustment Conditions - The initial conversion price was set at 9.56 yuan per share, which has undergone several adjustments due to changes in the company's total share capital [5][6]. - The current conversion price is 9.30 yuan per share, effective from August 19, 2022 [6]. Group 3: Downward Adjustment Clause - The company’s board has the authority to propose a downward adjustment of the conversion price if the stock price falls below 90% of the current conversion price for ten out of twenty consecutive trading days [7]. - The period for assessing this condition began on September 8, 2025, and as of September 12, 2025, the stock price has been below the threshold for five trading days [2][8]. Group 4: Future Actions and Disclosure - If the conditions for a downward adjustment are met, the company will convene a board meeting to decide on the adjustment and will disclose the decision in accordance with regulatory requirements [9]. - The company has previously opted not to adjust the conversion price in March 2025, but the current situation may lead to a different decision [8].

Core Viewpoint - The company, Shanxi Yongdong Chemical Co., Ltd., has announced that its convertible bond "Yongdong Zhuang 2" is expected to trigger conditions for a downward adjustment of the conversion price due to stock prices falling below a specified threshold [1][5]. Summary by Sections Convertible Bond Issuance and Listing - The company issued a total of 380 million yuan in convertible bonds, approved by the China Securities Regulatory Commission [1]. - The bonds were listed on the Shenzhen Stock Exchange on May 16, 2022, under the name "Yongdong Zhuang 2" [1]. Conversion Price Adjustment - The conversion price was adjusted from 8.86 yuan per share to 8.63 yuan per share on June 21, 2023, following the 2022 annual equity distribution [2]. - Further adjustments were made to 8.49 yuan per share on June 26, 2024, and to 8.34 yuan per share on June 17, 2025, in line with annual equity distributions [3][4]. Conditions for Downward Adjustment - The company’s board can propose a downward adjustment of the conversion price if the stock price closes below 90% of the current conversion price for at least 10 out of 20 consecutive trading days [4]. - The adjusted conversion price must not be lower than the higher of the average stock price over the 20 trading days prior to the shareholders' meeting and the previous trading day's price [4]. Current Situation - As of September 5, 2025, the stock price has closed below 7.51 yuan, which is 90% of the current conversion price of 8.34 yuan, indicating that the conditions for a downward adjustment are likely to be met [5].

Core Viewpoint - The company, Zhejiang Mining Heavy Industry Co., Ltd., has announced the potential for a downward adjustment of the conversion price for its convertible bonds, "Zhejiang Mining Convertible Bonds," if certain conditions are met regarding the stock price [1][4]. Summary by Sections Convertible Bond Basic Information - The company issued 3,200,000 convertible bonds with a total value of 320 million yuan, netting approximately 311.48 million yuan after expenses [1][2]. - The bonds were listed on the Shenzhen Stock Exchange on March 28, 2023, under the code "123180" [2]. Conversion Period and Price Adjustment - The conversion period for the bonds is from September 15, 2023, to March 8, 2029 [2]. - The conversion price has been adjusted multiple times, currently set at 48.49 yuan per share, with further adjustments scheduled for June 6, 2024, and May 28, 2025 [2][3]. Downward Adjustment Clause - The company can propose a downward adjustment of the conversion price if the stock price is below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [2][4]. - The adjustment must be approved by at least two-thirds of the voting rights at a shareholders' meeting, excluding those holding the convertible bonds [2][3]. Specific Conditions for Adjustment - The current threshold for triggering a downward adjustment is if the stock price falls below 40.71 yuan per share [4][5]. - The company has decided not to exercise the right to adjust the conversion price for a six-month period following the board's decision, which will be re-evaluated after August 19, 2025 [4][5]. Other Matters - Investors are encouraged to refer to the full prospectus published on March 7, 2023, for additional details regarding the convertible bonds [5].

Group 1 - The company issued 4.2 million convertible bonds with a total amount of RMB 420 million, each with a face value of RMB 100, approved by the China Securities Regulatory Commission [1][2] - The convertible bonds were listed on the Shenzhen Stock Exchange on March 17, 2023, under the name "百畅转债" and code "123175" [2] - The conversion period for the bonds is from August 28, 2023, to February 21, 2029 [2] Group 2 - The conversion price was adjusted from RMB 28.32 to RMB 28.30 per share effective from June 8, 2023, due to the company's dividend distribution [2] - The board of directors proposed to lower the conversion price to RMB 24.00 per share, effective from September 19, 2023 [3] - A further proposal to adjust the conversion price to RMB 20.40 per share was approved, effective from January 23, 2024 [3] Group 3 - The company has the right to propose a downward adjustment of the conversion price if the stock price falls below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [3][5] - The adjusted conversion price must not be lower than the average trading price of the stock for the 20 trading days prior to the shareholders' meeting and must also comply with the net asset value and par value requirements [5] - If the conditions for adjusting the conversion price are met, the company will disclose the decision and related information in a timely manner [5][6] Group 4 - As of the announcement date, the conversion price is RMB 20.40 per share [3] - From August 13 to August 26, 2025, the company's stock price was below 85% of the current conversion price, indicating a potential trigger for a downward adjustment [6]

Core Viewpoint - The company has decided not to adjust the conversion price of its convertible bonds despite triggering conditions for a downward adjustment due to stock prices falling below 85% of the current conversion price [1][5]. Group 1: Convertible Bond Issuance Overview - The company issued 3.6 million convertible bonds on December 15, 2022, with a total value of 360 million yuan and a maturity period of six years [1]. - The initial conversion price was set at 8.23 yuan per share, which has been adjusted multiple times due to various corporate actions [2][3]. Group 2: Downward Adjustment Clause and Trigger Conditions - The downward adjustment clause allows the company to propose a reduction in the conversion price if the stock price is below 85% of the current conversion price for at least 15 trading days within a 30-day period [3][4]. - The stock price fell below the threshold of 6.86 yuan per share from July 17, 2025, to August 25, 2025, triggering the adjustment clause [4][5]. Group 3: Decision on Price Adjustment - The board of directors decided not to proceed with the downward adjustment of the conversion price, citing confidence in the company's long-term potential and market conditions [5]. - The next period for potential triggering of the adjustment clause will start from August 26, 2025, and the board will reassess if conditions are met again [5].