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].

Core Viewpoint - The company announces the potential for a downward adjustment of the conversion price for its convertible bonds due to recent stock price performance, which may trigger conditions outlined in the offering prospectus [1][5]. Summary by Sections Convertible Bond Issuance Overview - The company issued 4.4 million convertible bonds with a total value of RMB 440 million, maturing in six years with a tiered interest rate starting from 0.40% in the first year to 2.20% in the sixth year [2]. Conversion Price Adjustment Conditions - The current conversion price is set at RMB 2.59 per share, with the conversion period running from October 19, 2020, to April 12, 2026 [1]. - The conversion price has been adjusted multiple times due to equity distribution plans, with the latest adjustment reducing it from RMB 2.69 to RMB 2.59 per share effective April 27, 2022 [3]. Triggering Conditions for Downward Adjustment - From March 12 to March 25, 2025, the company's stock price has closed below 85% of the current conversion price (RMB 2.20) for 10 trading days, indicating a potential trigger for a downward adjustment [5]. - If the stock price continues to close below the conversion price for five out of the next twenty trading days, the adjustment clause will be activated [5]. Adjustment Procedure - If the conditions for adjustment are met, the board will convene to decide on the adjustment and will disclose the decision the following trading day [4][5].

博汇股份: 关于预计触发可转债转股价格向下修正 条件的提示性公告 证券代码：300839 证券简称：博汇股份 公告编号：2025-032 债券代码：123156 债券简称：博汇转债 宁波博汇化工科技股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 息日延至其后的第 1 个工作日；顺延期间付息款项不另计息）。 经中国证券监督管理委员会证监许可〔2022〕1568 号文同意注册，公司于 2022 年 8 月 16 日向不特定对象发行了 397 万张可转换公司债券，每张面值 100 元，发行 总额 39,700.00 万元。发行方式采用向公司在股权登记日（2022 年 8 月 15 日，T-1 日）收市后中国结算深圳分公司登记在册的原股东优先配售，原股东优先配售后余 额部分（含原股东放弃优先配售部分）通过深圳证券交易所（以下简称"深交所"） 交易系统网上向社会公众投资者发行。本次发行由主承销商以余额包销方式承销， 本次发行认购金额不足 39,700.00 万元的部分由主承销商包销。 （二）可转换公司债券上市情况 经深交所同意，公司发行的 39 ...