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]

Core Viewpoint - Tianchuang Fashion Co., Ltd. has decided not to adjust the conversion price of its convertible bonds despite triggering the downward adjustment clause due to stock price performance [2][7]. Group 1: Convertible Bond Overview - The company issued 6 million convertible bonds with a total value of RMB 600 million on June 24, 2020, with a maturity of six years [3]. - The initial conversion price was set at RMB 12.64 per share, which has been adjusted to RMB 12.29 per share due to profit distribution [3][5]. Group 2: Price Adjustment Clause - The downward adjustment clause is triggered when the stock price is below 80% of the conversion price for at least 15 out of 30 consecutive trading days [5][6]. - From May 7 to May 27, 2025, the stock price fell below RMB 9.83 per share, triggering the adjustment clause [6][7]. Group 3: Board Decision - On May 27, 2025, the board unanimously decided not to adjust the conversion price and will not propose any adjustment for the next six months [2][7]. - If the adjustment clause is triggered again after November 27, 2025, the board will convene to decide on the proposal for adjustment [2][7].

Core Viewpoint - The company has decided not to lower the conversion price of its convertible bonds despite triggering conditions for a downward adjustment due to stock price performance [4][10]. Group 1: Meeting and Resolutions - The company's board of directors held a temporary meeting on May 26, 2025, with all nine directors present, and the meeting was deemed valid [1]. - The board unanimously approved the resolution not to adjust the conversion price of the "精工转债" convertible bonds [1][4]. Group 2: Convertible Bond Details - The company issued 20 million convertible bonds with a total value of 2 billion RMB, with a maturity of six years and a tiered interest rate starting from 0.3% in the first year [5]. - The initial conversion price was set at 5.00 RMB per share, which has been adjusted multiple times due to equity distributions, with the latest adjustment bringing it to 4.87 RMB per share [6]. Group 3: Price Adjustment Trigger - From May 6 to May 7, 2025, the company's stock price closed below 80% of the previous conversion price (4.86 RMB), and from May 8 to May 26, it closed below 80% of the adjusted conversion price (4.87 RMB), triggering the adjustment clause [4][9]. Group 4: Decision Against Price Adjustment - The board considered various factors, including the company's fundamentals and market conditions, and decided against lowering the conversion price at this time [10]. - The board indicated that if the conditions for adjustment are triggered again, they will reconvene to decide on the matter [10].

证券代码：601016 证券简称：节能风电 公告编号：2025-039 转债代码：113051 转债简称：节能转债 债券代码：137801 债券简称：GC 风电01 债券代码：115102 债券简称：GC 风电 K1 债券代码：242007 债券简称：风电 WK01 债券代码：242008 债券简称：风电 WK02 中节能风力发电股份有限公司 经上海证券交易所自律监管决定书〔2021〕309 号文同意，公司 交易，债券简称"节能转债"，债券代码"113051"。 根据《上海证券交易所股票上市规则》等有关法律法规的规定和 《中节能风力发电股份有限公司公开发行可转换公司债券募集说明 书》（以下简称"《募集说明书》"）的约定，"节能转债"自 2021 年 12 月 27 日（原转股起始日期为 2021 年 12 月 25 日，因遇休息日 延至其后的第 1 个工作日，即 2021 年 12 月 27 日）起可转换为公司 A 股普通股股票，转股期起止日期为 2021 年 12 月 27 日至 2027 年 6 月 20 日。"节能转债"初始转股价格为 4.05 元/股，当前转股价格为 二、"节能转债"转股价格修正条款及 ...

Meeting Overview - The 37th meeting of the 10th Board of Directors of Shanxi Meijin Energy Co., Ltd. was held on May 21, 2025, via communication, with all 9 directors participating, including 3 independent directors [1] - The meeting was chaired by Chairman Yao Jinlong, and it complied with relevant regulations of the Company Law and Securities Law of the People's Republic of China [1] Key Resolutions - As of May 21, 2025, the company's stock has triggered the downward adjustment clause for the conversion price of "Meijin Convertible Bonds" [1] - The Board of Directors decided not to exercise the right to adjust the conversion price downward for "Meijin Convertible Bonds" to protect the interests of all investors [2] - If the downward adjustment clause is triggered again after May 22, 2025, the Board will convene again to decide on the exercise of this right [2] Voting Results - The resolution was passed unanimously with 9 votes in favor, 0 against, and 0 abstentions [2]

Group 1 - The company announced that the convertible bonds will enter the delisting arrangement period starting from April 28, 2025, lasting for fifteen trading days, with the expected last trading date on May 21, 2025 [1] - The board of directors held a meeting on May 16, 2025, where all four attending directors voted in favor of the proposal to lower the conversion price of the convertible bonds to protect the interests of bondholders and optimize the company's capital structure [3][4] - The company will hold its third extraordinary general meeting of shareholders in 2025, with details to be announced later [4] Group 2 - The company emphasized that investors should be aware of the risks associated with trading during the delisting period, particularly for those using the Shenzhen Stock Connect [1][2] - The board meeting was conducted in compliance with relevant laws and regulations, ensuring its legality and effectiveness [3]