Core Viewpoint - The company has decided not to exercise the downward adjustment of the conversion price for its convertible bonds, despite triggering conditions being met due to stock price performance [4][9]. Group 1: Convertible Bond Issuance - The company issued 35 million convertible bonds with a face value of 100 yuan each, totaling 3.5 billion yuan, approved by the China Securities Regulatory Commission [1]. - The bonds were listed on the Shanghai Stock Exchange on July 8, 2021, under the name "长汽转债" and code "113049" [1]. Group 2: Conversion Price Details - The initial conversion price was set at 38.39 yuan per share, which has undergone several adjustments since issuance [2][3]. - The current conversion price is 39.61 yuan per share, with a history of adjustments due to various corporate actions [2][3][5]. Group 3: Downward Adjustment Conditions - The downward adjustment clause was triggered as the company's A-share stock price was below 85% of the current conversion price for at least 15 trading days within a 30-day period [4][9]. - The board of directors has decided not to exercise the right to adjust the conversion price downward at this time, citing confidence in the company's long-term potential and market conditions [9]. Group 4: Future Considerations - The board will not propose a downward adjustment for the next six months, from July 5, 2025, to January 4, 2026, even if the conditions are met again [9]. - After this six-month period, if the conditions are triggered again, the board will reconvene to decide on the adjustment [9].

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds "Tai Neng Convertible Bonds" due to the implementation of the 2024 annual profit distribution plan, resulting in a new conversion price of 5.61 CNY per share, down from 5.67 CNY per share [1][3]. Group 1: Convertible Bond Issuance - The company issued 29,500,000 convertible bonds with a face value of 100 CNY each, totaling 2.95 billion CNY, with a maturity period from March 28, 2025, to March 27, 2031 [1]. - The conversion period for the bonds is set from October 9, 2025, to March 27, 2031 [1]. Group 2: Adjustment of Conversion Price - The adjustment of the conversion price is based on the company's profit distribution plan, which includes a cash dividend of 0.559889 CNY per 10 shares, with no stock dividends or capital increases [2][3]. - The new conversion price is calculated as follows: P1 = P0 - D = 5.67 - 0.0559889 ≈ 5.61 CNY per share, effective from July 11, 2025 [3]. Group 3: Other Matters - The company confirmed that the convertible bonds have not yet entered the conversion period, thus there is no need to suspend the conversion during the 2024 annual profit distribution [3].

Group 1 - The company announced adjustments to the conversion price of its convertible bonds due to changes in shareholder equity, including stock dividends and cash distributions [1][2][3] - The conversion price of the "Puyuan Convertible Bonds" was adjusted from 4.43 CNY/share to 4.38 CNY/share effective from July 7, 2022, and further adjusted to 4.32 CNY/share effective from July 10, 2023 [2][3] - Following the implementation of the 2024 annual equity distribution plan, the conversion price will be adjusted to 4.20 CNY/share effective from July 11, 2025 [3] Group 2 - The company will disclose the conversion price adjustments on the Shenzhen Stock Exchange and other designated media, detailing the adjustment date and method [2] - The total share capital of the company is 1,010,436,311 shares, excluding repurchased shares, and the profit distribution ratio will remain unchanged despite changes in total share capital due to various factors [3] - The adjustments to the conversion price are in accordance with the relevant regulations of the China Securities Regulatory Commission and the terms outlined in the bond issuance prospectus [3]

Group 1 - The core point of the announcement is the adjustment of the conversion price for the company's convertible bonds due to the profit distribution plan for the year 2024 [1][2] - The conversion price before adjustment was set at RMB 4.12 per share, which will be adjusted to RMB 4.00 per share [1][2] - The effective date for the new conversion price will be July 9, 2025, following the equity distribution date of July 8, 2025 [1][2] Group 2 - The company issued a total of RMB 5 billion in A-share convertible bonds on August 25, 2020, under the name "Qingnong Convertible Bonds" [2] - According to the company's regulations, the conversion price is adjusted based on the formula: P1 = P0 - D, where P0 is the initial conversion price, D is the cash dividend per share, and P1 is the adjusted conversion price [2] - The cash dividend distribution will be RMB 1.20 per 10 shares for shareholders registered after the market closes on July 8, 2025, with no stock bonus or capital increase [1][2]

Core Viewpoint - Puyang Pina High-Temperature Materials (Group) Co., Ltd. will implement the 2024 annual equity distribution, affecting the convertible bonds' conversion rights during the specified period [1][2] Group 1: Equity Distribution and Convertible Bonds - The company will suspend the conversion of its convertible bonds (Pina Convertible Bonds; bond code: 127035) from July 3, 2025, until the equity distribution registration date for the 2024 annual equity distribution [1] - The conversion of the bonds will resume on the first trading day after the equity distribution registration date [1] - The convertible bonds will continue to trade normally during the suspension period, and bondholders are advised to pay attention [1] Group 2: Adjustment of Conversion Price - The adjustment of the conversion price will occur in the event of stock dividends, capital increases, new share issuances, rights issues, or cash dividends, following specific formulas outlined in the bond issuance prospectus [1][2] - The formulas for adjusting the conversion price include calculations based on the number of shares distributed, the price of new shares, and the amount of cash dividends [1] - The company will announce any adjustments to the conversion price on the Shenzhen Stock Exchange and other designated media, ensuring transparency and protection of bondholders' rights [2]

Group 1 - The company has announced an adjustment to the conversion price of its convertible bonds "蓝晓转 02" from 60.31 yuan/share to 60.28 yuan/share, effective from January 23, 2025 [6][7] - The company plans to distribute a cash dividend of 6.00 yuan for every 10 shares, without issuing new shares or increasing capital reserves, which will affect the conversion price [7][8] - The total number of shares after the latest adjustments will be 507,665,541 shares, with a cash dividend total of 304,269,324.60 yuan (including tax) [8][9] Group 2 - The conversion price will be further adjusted to 59.68 yuan/share after accounting for the cash dividend, effective from the specified date [9] - The company has issued a total of 5,460,645 convertible bonds, with a total issuance amount of 54,606.45 million yuan [1][2] - The company will follow the regulations set by the China Securities Regulatory Commission regarding the adjustment of conversion prices in response to changes in share capital and shareholder equity [2][3]

Core Viewpoint - The company has triggered the downward adjustment clause for its convertible bonds due to stock prices being below 85% of the conversion price for at least 15 out of the last 30 trading days, but the board has decided not to implement the downward adjustment at this time [1][6][7]. Summary of Convertible Bonds - The company issued convertible bonds with a total amount of RMB 750 million, with an initial conversion price set at RMB 4.87 per share [1]. - The conversion price has been adjusted multiple times: from RMB 4.87 to RMB 4.86 on May 30, 2022, then to RMB 4.85 on June 8, 2023, and further down to RMB 4.62 on January 24, 2024, and subsequently to RMB 4.59 on May 28, 2024, and finally to RMB 4.58 on September 6, 2024, and RMB 4.57 on May 27, 2025 [2][3][5][7]. - The company has the right to propose a downward adjustment of the conversion price if the stock price conditions are met, which requires a two-thirds majority approval from shareholders [6]. Decision on Downward Adjustment - The board of directors decided not to proceed with the downward adjustment of the conversion price despite the triggering conditions being met, citing confidence in the company's long-term potential and market conditions [7]. - The company will not propose any downward adjustment for the next six months, from June 30, 2025, to December 29, 2025, even if the conditions are triggered again [7].

Group 1 - The company announced an adjustment to the conversion price of its convertible bonds, changing from RMB 5.50 to RMB 5.44 per share, effective from June 30, 2025 [1][4] - The adjustment is based on the company's profit distribution plan, which was approved at the 2024 annual general meeting, involving a cash dividend of RMB 0.593337 per 10 shares [2][3] - The total number of shares for the cash dividend calculation is based on the existing total share capital of 611,892,406 shares, excluding repurchased shares [2][3] Group 2 - The company will publish announcements regarding the conversion price adjustments in accordance with relevant regulations, ensuring the protection of convertible bondholders' rights [2] - The cash dividend will be distributed to shareholders based on a record date of June 27, 2025, with the ex-dividend date set for June 30, 2025 [2][4] - The adjustment formula for the conversion price considers various scenarios such as stock dividends, capital increases, and cash dividends [1][2]

Core Viewpoint - The company has made several adjustments to the conversion price of its convertible bonds, reflecting changes in its capital structure and dividend distributions [1][2][3][4][5][6][7] Group 1: Convertible Bond Issuance and Adjustments - The company issued convertible bonds amounting to 2.1989391 billion yuan, which began trading on December 6, 2021 [1] - The initial conversion price was set at 34.85 yuan per share, which was adjusted to 34.68 yuan per share following a cash dividend distribution of 1.7 yuan per 10 shares [2] - The conversion price was further adjusted down to 28.52 yuan per share after it fell below 85% of the adjusted price [2] - Subsequent adjustments were made to the conversion price, including an increase to 28.67 yuan per share and then a decrease to 28.66 yuan per share due to share buybacks [3][4] Group 2: Recent Adjustments and Dividend Distributions - The conversion price was adjusted to 20.20 yuan per share following a capital increase through a rights issue, and then further adjusted to 20.16 yuan per share after additional share buybacks [5] - The most recent adjustment brought the conversion price down to 19.95 yuan per share, with a subsequent adjustment to 19.66 yuan per share due to a cash dividend distribution of 2.90 yuan per 10 shares [6][7]

Group 1 - The company announced an adjustment to the conversion price of its convertible bonds due to a cash dividend distribution [1][2] - The adjustment formula for the conversion price is based on changes in the company's equity, including stock dividends, capital increases, and cash dividends [1][2] - The new conversion price will be set at 13.27 RMB per share, down from the previous price of 13.39 RMB per share, effective from June 27, 2025 [2] Group 2 - The company plans to distribute a cash dividend of 1.239999 RMB for every 10 shares based on its total share capital of 216,041,091 shares [2] - The adjustment to the conversion price will be communicated through official announcements in accordance with regulatory requirements [2] - The company will ensure that any future changes affecting the rights of convertible bondholders will be handled fairly and in compliance with relevant laws and regulations [2]