Core Viewpoint - The company anticipates a downward adjustment of the conversion price for its convertible bond "Jingrui Zhuan 2" due to the stock price falling below 85% of the current conversion price [1][10]. Summary by Sections Convertible Bond Issuance Overview - The company issued 5.23 million convertible bonds with a total value of 523 million yuan, each with a face value of 100 yuan, on August 16, 2021, with a 6-year term [1]. - The net proceeds from the bond issuance, after deducting issuance costs, amounted to approximately 514.7 million yuan [1]. Historical Adjustments of Conversion Price - The initial conversion price was set at 50.31 yuan per share, adjusted to 50.16 yuan on February 7, 2022, following a specific stock issuance [2]. - Subsequent adjustments occurred, with the conversion price reaching 29.62 yuan by July 10, 2023, and further adjustments leading to a price of 16.70 yuan by June 4, 2025 [6][9][10]. Downward Adjustment Clause for Conversion Price - The company has the authority to 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 [10][11]. - The adjustment requires approval from two-thirds of the voting rights at a shareholders' meeting, excluding bondholders from voting [10]. Anticipated Trigger for Downward Adjustment - As of July 10, 2025, the company's stock has recorded 10 trading days where the closing price was below 85% of the current conversion price of 16.70 yuan, indicating a potential trigger for a downward adjustment [11].

Core Viewpoint - The company has announced adjustments to the conversion price of its convertible bonds, "威唐转债," based on various corporate actions such as stock dividends, capital increases, and cash dividends [1][2][3]. Summary by Sections 1. Basis for Conversion Price Adjustment - The conversion price of "威唐转债" will be adjusted according to specific formulas when the company undergoes changes in its share capital or shareholder equity [1][2]. 2. Historical Adjustments of Conversion Price - On May 28, 2021, the conversion price was adjusted from 20.75 CNY/share to 20.72 CNY/share following a cash dividend distribution of 0.30 CNY per 10 shares [2]. - On July 1, 2022, the conversion price was adjusted due to another cash dividend distribution, with the new price effective from that date [3]. - On June 2, 2023, the conversion price was adjusted again due to a cash dividend distribution, with the new price effective from that date [3]. - On December 27, 2023, following a new stock issuance, the conversion price was adjusted from 20.62 CNY/share to 20.30 CNY/share [4]. - The conversion price was further adjusted to 20.28 CNY/share due to the 2023 profit distribution, effective from June 7, 2024 [5]. - Another adjustment occurred on September 13, 2024, lowering the conversion price to 20.25 CNY/share due to the 2024 semi-annual profit distribution [5]. - On November 1, 2024, the conversion price was significantly reduced to 15.00 CNY/share following a downward revision approved by the board [6]. - The conversion price was adjusted to 14.97 CNY/share due to the 2024 profit distribution, effective from June 9, 2025 [7]. 3. Reason and Result of Recent Adjustment - The recent adjustment of the conversion price is due to the completion of the repurchase and cancellation of 462,500 shares, which represents a 0.26% reduction in the total share capital [8]. - The new conversion price will be set at 14.99 CNY/share, effective from July 21, 2025, and this adjustment does not require a suspension of conversions [8].

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 annual profit distribution, resulting in a decrease from 8.20 CNY/share to 8.09 CNY/share, effective from July 25, 2025 [1][2]. Group 1: Conversion Price Adjustment - The previous conversion price was set at 8.20 CNY/share, and the new conversion price will be 8.09 CNY/share after the adjustment [1][2]. - The adjustment is based on the company's 2024 annual profit distribution plan, which was approved at the shareholders' meeting on June 19, 2025, involving a cash dividend of 0.11 CNY per share (including tax) [1][2]. - The adjustment formula used for the conversion price is P1 = P0 - D, where P0 is the previous conversion price, D is the cash dividend per share, and P1 is the adjusted conversion price [2]. Group 2: Suspension and Resumption of Trading - The convertible bonds will be suspended from conversion starting July 17, 2025, and will resume conversion at the new price on July 25, 2025 [2]. - The company’s convertible bonds have a maturity period of six years, from December 10, 2020, to December 9, 2026, with the conversion period running from June 16, 2021, to December 9, 2026 [1].

New Stock Offerings - Jichuan Pharmaceutical (600566) is in the offer period from June 18, 2025, to July 17, 2025[1] - Zhongcheng Tui (300208) has 3 trading days remaining until the last trading day[1] - Tui Shi Jin Gang (600190) and Tui Shi Jin B (900952) both have 3 trading days remaining until the last trading day[1] Delisting and Trading Alerts - Hengli Tui (000622) has its last trading day on July 15, 2025[1] - Shangwei New Materials (688585) is experiencing severe abnormal fluctuations[1] - Multiple stocks including Huayin Power (600744) and Changcheng Military Industry (601606) have recent announcements regarding trading status[1] Market Trends and Insights - A total of 30 stocks are highlighted for trading alerts, indicating a significant market activity[1] - The report includes links to detailed announcements for each stock, providing transparency and access to further information[1]

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of its 2024 annual equity distribution plan, resulting in a new conversion price of 17.90 yuan per share, effective from July 23, 2025 [1][3]. Group 1: Conversion Price Adjustment Basis - The company issued 4.2 million convertible bonds with a total value of 420 million yuan on November 17, 2020, with an initial conversion price of 18.00 yuan per share [1]. - The adjustment formula for the conversion price is based on various corporate actions such as cash dividends, stock distributions, and capital increases [1][2]. Group 2: Reasons and Results of Adjustment - The company plans to distribute a cash dividend of 1.00 yuan per share to all shareholders, totaling 40,866,556.30 yuan (including tax), based on a total share capital of 408,665,563 shares as of April 18, 2025 [2]. - The conversion price is adjusted from 18.00 yuan to 17.90 yuan per share due to the cash dividend distribution, effective from the ex-dividend date of July 23, 2025 [3].

Core Viewpoint - Sanofi Biosensor Co., Ltd. announced an adjustment in the conversion price of its convertible bonds, increasing it from 34.39 CNY/share to 34.46 CNY/share, effective from July 14, 2025 [1][4]. Summary by Relevant Sections Conversion Price Adjustment Basis - The adjustment is based on the approval from the China Securities Regulatory Commission for the issuance of convertible bonds, which were initially priced at 35.35 CNY/share [2]. - The conversion price must be adjusted in response to events such as stock dividends, capital increases, or share buybacks that affect the company's equity structure [2]. Historical Adjustment of Conversion Price - The conversion price has undergone several adjustments since its initial issuance: - June 11, 2021: Adjusted from 35.35 CNY/share to 35.15 CNY/share due to a cash dividend of 2 CNY per 10 shares [3]. - August 20, 2021: Adjusted to 35.18 CNY/share following the buyback of restricted stock [3]. - May 25, 2022: Adjusted to 34.98 CNY/share due to another cash dividend [3]. - September 28, 2022: Adjusted to 35.01 CNY/share after further stock buybacks [3]. - May 26, 2023: Adjusted to 34.81 CNY/share due to a cash dividend [3]. - June 17, 2024: Adjusted to 34.61 CNY/share following another cash dividend [3]. - June 13, 2025: Adjusted to 34.39 CNY/share due to a cash dividend of 2.20 CNY per 10 shares [3]. Details of the Current Adjustment - The company held board and shareholder meetings to approve the cancellation of 3,999,287 shares, which is 0.71% of the total shares before cancellation [4]. - Following the cancellation, the total share capital decreased from 564,265,375 shares to 560,266,088 shares, leading to the new conversion price of 34.46 CNY/share [4].

Core Viewpoint - The company announced that the repurchase and cancellation of restricted stocks will not adjust the conversion price of its convertible bonds, maintaining the price at 55.72 yuan per share due to the small proportion of repurchased stocks in the total share capital [1][4][5] Group 1: Convertible Bonds - The company issued 8,723,880 convertible bonds on September 16, 2022, with a total fundraising amount of 872.388 million yuan [1] - The bonds have a five-year term with a coupon rate that increases from 0.3% in the first year to 2.0% in the fifth year [1] - The initial conversion price for the bonds was set at 55.72 yuan per share, effective from March 22, 2023 [2] Group 2: Stock Repurchase and Cancellation - The company will repurchase and cancel 35,775 shares of restricted stock due to unmet performance targets in its stock option and restricted stock incentive plan [4] - The repurchased shares represent a small proportion of the company's total share capital, thus the conversion price of the convertible bonds remains unchanged [1][4][5] - The adjustment formula for the conversion price is outlined in the prospectus, but in this case, the conversion price remains at 55.72 yuan per share after calculations [2][5]

Core Viewpoint - The company has announced its 2024 annual profit distribution plan, which includes a cash dividend of RMB 1.70 per 10 shares, totaling approximately RMB 262.36 million, following adjustments to its total share capital due to convertible bond conversions and share repurchases [1][2][3]. Group 1: Profit Distribution Plan - The 2024 annual profit distribution plan was approved at the shareholders' meeting on May 19, 2025, with a cash dividend of RMB 1.70 per 10 shares, amounting to RMB 263.81 million based on the previous total share capital [1][2][3]. - The total share capital has been adjusted from 1,560,998,425 shares to 1,552,439,109 shares due to the conversion of convertible bonds and share repurchases, leading to a new base of 1,543,279,184 shares for the dividend distribution [1][3][6]. - The cash dividend will be distributed to shareholders registered by the equity registration date of July 16, 2025, with the ex-dividend date set for July 17, 2025 [7][8]. Group 2: Convertible Bond Adjustments - The conversion price for the company's convertible bonds ("山路转债") has been adjusted from RMB 7.81 to RMB 7.64 per share, effective from July 17, 2025, due to the cash dividend distribution [13][19]. - The adjustment in the conversion price is in accordance with the company's regulations regarding changes in share capital due to profit distributions [14][15][19]. Group 3: Legal Matters - The company and its subsidiaries have been involved in litigation and arbitration cases totaling approximately RMB 3.04 billion over the past twelve months, which exceeds 10% of the company's latest audited net assets [19][20]. - Among these cases, RMB 1.86 billion is related to cases where the company is the plaintiff, while RMB 1.18 billion involves cases where the company is the defendant [19][20].

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 annual profit distribution plan, with the new conversion price set at 9.42 CNY per share, down from the previous 9.55 CNY per share [1][2][4] Summary by Sections Announcement of Suspension and Resumption of Trading - The company's securities will be suspended and resumed trading due to the implementation of the 2024 annual profit distribution [1] - The suspension period for the convertible bond conversion is from July 10, 2025, to July 16, 2025 [4] Adjustment of Conversion Price - The conversion price of the convertible bonds will be adjusted from 9.55 CNY per share to 9.42 CNY per share, effective from July 17, 2025 [1][4] - The adjustment is based on the company's 2024 annual shareholder meeting resolution regarding profit distribution [1][2] Basis for Adjustment - The adjustment follows the company's profit distribution plan, maintaining the per-share distribution ratio while adjusting the total distribution amount due to changes in total share capital from convertible bond conversions [1][2] - The total number of shares for the profit distribution is 6,393,981,723 shares, with a cash dividend of 1.27 CNY per share (including tax) [1]

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to a cash dividend distribution, reducing the price from 10.96 CNY per share to 10.91 CNY per share, effective from July 17, 2025 [3][4]. Group 1: Announcement Details - The company has issued 1 billion CNY of convertible bonds, which will be traded on the Shenzhen Stock Exchange starting January 16, 2024 [1]. - The adjustment formula for the conversion price is specified, taking into account various corporate actions such as stock dividends, capital increases, and cash dividends [1][2]. - The cash dividend distribution is set at 0.5 CNY per 10 shares, with no stock dividends or capital increases planned [3][4]. Group 2: Conversion Price Adjustment - The previous conversion price was 10.96 CNY per share, which will be adjusted to 10.91 CNY per share due to the cash dividend [3][4]. - The adjustment will take effect on July 17, 2025, coinciding with the ex-dividend date [4]. - The company will publish announcements regarding any future adjustments to the conversion price in accordance with relevant regulations [2].