Core Viewpoint - The company announces that the "Qifan Convertible Bonds" are expected to trigger conditions for a downward adjustment of the conversion price due to the stock price being below 85% of the conversion price for ten consecutive trading days from May 8, 2025, to May 21, 2025 [1][5] Summary by Sections Convertible Bond Issuance Overview - The company received approval from the China Securities Regulatory Commission for the public issuance of convertible bonds, amounting to 1 billion yuan, with a term of 6 years starting from June 17, 2021 [1][2] - The initial conversion price was set at 20.53 yuan per share [2] Adjustment of Conversion Price - The conversion price has been adjusted multiple times due to corporate actions: - Adjusted from 20.53 yuan to 20.10 yuan due to a restricted stock incentive plan [2] - Adjusted from 20.10 yuan to 19.86 yuan following the 2021 profit distribution [2] - Adjusted from 19.86 yuan to 19.75 yuan after the 2022 profit distribution [3] - Adjusted from 19.75 yuan to 19.59 yuan after the 2023 profit distribution, effective from June 18, 2024 [3] Downward Adjustment Clause and Trigger Conditions - The downward adjustment clause states that if the stock price is below 85% of the conversion price for at least 15 out of 30 consecutive trading days, the board may propose a downward adjustment [4] - The company will hold a board meeting to decide whether to exercise the downward adjustment right if the conditions are met [4][5]

Core Viewpoint - The company has decided not to adjust the conversion price of its convertible bonds despite triggering the downward adjustment clause due to stock prices falling below 85% of the current conversion price [1][6]. Group 1: Convertible Bond Basic Information - The company issued 7,249,178 convertible bonds at a face value of RMB 100 each, totaling approximately RMB 716.33 million [2]. - The convertible bonds were listed on the Shenzhen Stock Exchange on May 11, 2023, under the name "Kesi Convertible Bonds" with the code "123192" [2]. - The conversion period for the bonds runs from the end of the issuance on April 12, 2023, until the maturity date on April 12, 2029 [2]. Group 2: Conversion Price Adjustment Terms - The initial conversion price was set at RMB 53.03 per share, which was later adjusted to RMB 52.03 per share effective from June 2, 2023 [2]. - The conversion price can be adjusted downward if the company's stock price falls below 85% of the current conversion price for at least 15 trading days within a 30-day period [4][5]. - If the downward adjustment is approved by the shareholders, the new conversion price must not be lower than the higher of the average stock price over the previous 20 trading days or the last trading day before the meeting [4]. Group 3: Recent Board Decision - On May 16, 2025, the board of directors decided not to adjust the conversion price of the "Kesi Convertible Bonds" despite the stock price falling below the threshold [1][6]. - The board will not propose any downward adjustment for the next six months, and if the adjustment clause is triggered again, a new meeting will be convened to decide on the matter [1][6].

Core Viewpoint - The company is at risk of triggering a downward adjustment of the conversion price for its convertible bonds due to its stock price being below 85% of the current conversion price for a significant number of trading days [2][6]. Group 1: Convertible Bond Overview - The company issued 14 million convertible bonds with a total value of 1.4 billion RMB, with a maturity of 6 years and a face value of 100 RMB per bond [3]. - The coupon rates for the bonds are set to increase over the years, starting from 0.30% in the first year to 2.00% in the sixth year [3]. - The bonds are listed on the Shanghai Stock Exchange under the name "东材转债" with the code "113064" and can be converted into shares starting from May 22, 2023, at an initial conversion price of 11.75 RMB per share, which has been adjusted to 11.63 RMB per share [3][5]. Group 2: Conversion Price Adjustment Terms - The company’s board has the authority 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 [4]. - The adjusted conversion price must not be lower than the higher of the average stock price over the previous 20 trading days or the latest audited net asset value per share [4]. - If the conversion price is adjusted, the company will announce the details on the Shanghai Stock Exchange and other designated media [5].

特别提示： ● 转股价格：35.66元/股 ● 转股的起止日期：自2023年1月30日至2028年7月17日止 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688556 证券简称：高测股份 公告编号：2025-027 转债代码：118014 转债简称：高测转债 青岛高测科技股份有限公司 关于"高测转债"预计触发转股价格 向下修正条件的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 ● 青岛高测科技股份有限公司（以下简称"公司"）股票自2025年4月21日至2025年5月7日已有10个交易 日的收盘价低于当期转股价格的85%（即30.31元/股），存在触发《青岛高测科技股份有限公司向不特 定对象发行可转换公司债券募集说明书》（以下简称"募集说明书"）中规定的转股价格向下修正条件的 可能性。若触发条件，公司将于触发条件当日召开董事会审议决定是否修正转股价格，并及时履行信息 披露义务。 根据《上海证券交易所上市公司自律监管指引第12号一一可转换公司债券》 的有关规定，公司可能触发可转换公司债券转股价格 ...

Core Viewpoint - Jiangsu Dongfang Shenghong Co., Ltd. is expected to trigger the condition for a downward adjustment of the conversion price of its convertible bonds, "Shenghong Convertible Bonds," due to the stock price being below 80% of the current conversion price for a significant number of trading days [1][5][6]. Group 1: Convertible Bond Issuance Overview - The company issued 50 million convertible bonds with a total amount of 500 million yuan, with a maturity of 6 years, starting from March 22, 2021 [2]. - The bonds are listed on the Shenzhen Stock Exchange under the name "Shenghong Convertible Bonds" and code "127030" [2]. Group 2: Downward Adjustment Conditions - The conversion price can be adjusted downward if the company's stock price is below 80% of the current conversion price for at least 15 out of 30 consecutive trading days [3][5]. - The current conversion price is set at 13.21 yuan per share, meaning the threshold for adjustment is 10.568 yuan per share [4][6]. Group 3: Expected Trigger of Adjustment - From April 14 to April 24, 2025, the company's stock has recorded 9 trading days where the closing price was below the threshold of 10.568 yuan, indicating that the condition for a downward adjustment is likely to be met [1][6]. Group 4: Procedures for Adjustment - If the adjustment condition is triggered, the company will follow the procedures outlined in the prospectus, including disclosing the decision and the new conversion price [6]. - The adjusted conversion price must not be lower than the higher of the average stock price over the previous 20 trading days or the last audited net asset value per share [5]. Group 5: Additional Information - Investors seeking more information about the "Shenghong Convertible Bonds" can refer to the full prospectus published on March 18, 2021, or contact the company's board secretary [7].

Core Points - The company has decided not to exercise the downward adjustment of the conversion price for its convertible bonds, despite triggering the adjustment clause due to stock prices falling below 85% of the current conversion price for 15 out of 30 trading days [1][3] - The company will not propose a downward adjustment plan for the next three months, from April 19, 2025, to July 18, 2025, even if the adjustment clause is triggered again [1][3] - After July 19, 2025, if the adjustment clause is triggered again, the board will hold another meeting to decide whether to exercise the downward adjustment right [1][3] Convertible Bonds Overview - The company issued 4 million convertible bonds on July 20, 2020, with a total amount of 400 million RMB and a maturity of six years [1][2] - The initial conversion price was set at 21.32 RMB per share, which has been adjusted to 21.12 RMB and then to 21.10 RMB due to annual profit distributions [2] Stock Price Performance - The company's stock price has been affected by macroeconomic factors and market adjustments, leading to fluctuations that do not fully reflect its long-term intrinsic value [3] - The stock price fell below the adjustment threshold of 17.935 RMB per share, triggering the conversion price adjustment clause [3]

Core Viewpoint - Zhejiang Huahai Pharmaceutical Co., Ltd. announced a potential downward adjustment of the conversion price for its convertible bonds due to the stock price falling below 80% of the current conversion price for 10 out of 30 trading days [2][7]. Group 1: Convertible Bond Overview - The company issued 18.426 million convertible bonds on November 2, 2020, with a total amount of 1.8426 billion yuan [3]. - The bonds are listed on the Shanghai Stock Exchange under the name "Huahai Convertible Bonds" with the code 110076, and have a maturity period of six years [3]. Group 2: Downward Adjustment Terms - The board has the authority to propose a downward adjustment of the conversion price if the stock price is below 80% of the current conversion price for at least 15 out of 30 consecutive trading days [4]. - The adjusted conversion price must not be lower than the average trading price of the stock over the 20 trading days prior to the shareholders' meeting and must also meet certain asset value criteria [4]. Group 3: Adjustment Procedure - If the conversion price is to be adjusted, the company must publish a resolution announcement detailing the adjustment, record date, and suspension of conversion period [5]. - The adjusted conversion price will take effect on the first trading day following the record date [6]. Group 4: Trigger Conditions - From April 4 to April 18, 2025, the company's stock closed below the current conversion price of 33.21 yuan for 10 trading days, indicating a potential trigger for the downward adjustment [7]. - The company is required to disclose its decision regarding the adjustment on the trading day following the board meeting [7].

Core Viewpoint - The company, Tianjin Green Landscape Ecological Construction Co., Ltd., has announced a potential downward adjustment of the conversion price for its convertible bonds due to the stock price being below a certain threshold for a specified period [2][7]. Group 1: Convertible Bond Basic Information - The convertible bond, known as "Green Landscape Convertible Bond," was issued on April 30, 2021, with a total of 7.12 million bonds, raising 712 million yuan [3]. - The initial conversion price was set at 12.38 yuan per share, which has been adjusted to 12.04 yuan as of May 31, 2023, and further to 11.79 yuan as of May 31, 2024 [5]. - The current conversion price is 11.76 yuan per share, effective from June 12, 2024 [5]. Group 2: Conditions for Downward Adjustment - From April 14 to April 18, 2025, the company's stock price has closed below 85% of the current conversion price for five consecutive trading days, indicating a potential trigger for a downward adjustment [2][7]. - If the stock price continues to remain below this threshold, the company may proceed with the adjustment process as outlined in the bond issuance terms [6][7]. Group 3: Adjustment Procedures - The company has the authority to propose a downward adjustment of the conversion price if the stock price conditions are met, requiring approval from shareholders [6]. - Any adjustments will be publicly announced, detailing the adjustment range, record date, and any suspension of conversion [6].

Core Viewpoint - The company, Chipsea Technology (Shenzhen) Co., Ltd., is expected to trigger a downward adjustment of the conversion price for its convertible bonds due to its stock price being below 85% of the current conversion price for 10 consecutive trading days [2][9]. Group 1: Convertible Bond Issuance - The company issued 4.1 million convertible bonds with a face value of 100 RMB each, raising a total of 4.1 billion RMB, with a net amount of approximately 401.96 million RMB after expenses [2][3]. - The convertible bonds were approved by the China Securities Regulatory Commission and began trading on August 18, 2022, under the name "Chipsea Convertible Bonds" and code "118015" [3][4]. Group 2: Conversion Price and Adjustment - The initial conversion price was set at 56.00 RMB per share, which was adjusted to 55.71 RMB per share on October 27, 2022, and further adjusted to 55.68 RMB on January 17, 2023, due to stock incentive plan adjustments [5][6]. - The current conversion price is 55.67 RMB per share, effective from December 14, 2023 [6]. Group 3: Downward Adjustment Conditions - The company may adjust the conversion price downwards if the stock price remains below 85% of the conversion price for at least 15 out of 30 consecutive trading days [9]. - If the conditions for adjustment are met, the board will convene to decide on the adjustment and disclose the decision promptly [9][8].

Core Viewpoint - The company announces that the "Qifan Convertible Bond" is expected to trigger conditions for a downward adjustment of the conversion price due to the stock price being below 85% of the conversion price for ten consecutive trading days [2][7]. Group 1: Convertible Bond Issuance and Listing - The company issued 10 million convertible bonds with a total value of 1 billion yuan, approved by the China Securities Regulatory Commission on May 24, 2021 [3]. - The bonds were listed on the Shanghai Stock Exchange on June 17, 2021, under the name "Qifan Convertible Bond" and code "111000" [4]. Group 2: Conversion Price Adjustment - 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 effective from June 18, 2024 [5][6][7]. - The conversion price adjustments were made following the implementation of profit distributions and stock incentive plans [5][6][7]. Group 3: Trigger Conditions for Price Adjustment - The period for triggering the downward adjustment of the conversion price starts from March 18, 2025, to April 3, 2025, during which the stock price must be below 85% of the conversion price for at least fifteen out of thirty consecutive trading days [2][7]. - The board of directors will decide whether to exercise the downward adjustment right on the day the conditions are triggered [2][7].