Core Viewpoint - The company has announced adjustments to the conversion price of its convertible bonds, reflecting changes in shareholder equity and profit distribution plans [1][2][4]. Group 1: Convertible Bond Issuance - The company issued 3,348,900 convertible bonds with a total value of RMB 334.89 million on September 28, 2022, with a face value of RMB 100 each [1]. - The bonds began trading on the Shenzhen Stock Exchange on October 25, 2022, under the name "泰福转债" and code "123160" [1]. Group 2: Conversion Price Adjustment Mechanism - The conversion price will be adjusted based on various corporate actions such as stock dividends, capital increases, and cash dividends, using specified formulas [1][2]. - The adjusted conversion price will be announced on the Shenzhen Stock Exchange and other media, ensuring transparency for bondholders [2]. Group 3: Historical Adjustments - The conversion price was adjusted downwards to RMB 19.89 per share following board resolutions and was further adjusted to RMB 19.82 per share after the 2022 annual profit distribution [2][3]. - A subsequent adjustment occurred, raising the conversion price to RMB 19.84 per share after the repurchase and cancellation of restricted stock [4]. Group 4: Upcoming Adjustments - For the 2024 profit distribution plan, the company will distribute a cash dividend of RMB 0.75 per 10 shares, with adjustments made to maintain the distribution ratio if the total share capital changes [4][5]. - The conversion price will be further adjusted to RMB 19.77 per share effective from June 27, 2025, following the cash dividend distribution [5].

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds, reducing it from 53.20 CNY per share to 52.21 CNY per share, effective from June 26, 2025 [1][8]. Group 1: Convertible Bond Issuance - The company issued 5,360,000 convertible bonds with a face value of 100 CNY each, raising a total of 536 million CNY, netting approximately 527.34 million CNY after expenses [1]. - The bonds were approved by the China Securities Regulatory Commission and began trading on September 7, 2022 [1]. Group 2: Conversion Price Adjustment Mechanism - The conversion price is subject to adjustments based on various corporate actions such as stock dividends, capital increases, and cash dividends [2]. - Specific formulas for adjusting the conversion price are provided, depending on the type of corporate action [2]. Group 3: Historical Adjustments - The conversion price was adjusted from 55.23 CNY to 54.44 CNY on May 30, 2023, following a cash dividend distribution of 8 CNY per 10 shares [4]. - A subsequent adjustment occurred on November 13, 2023, changing the price from 54.44 CNY to 54.41 CNY due to stock option exercises [4]. - The conversion price was further adjusted to 53.22 CNY on May 30, 2024, following a cash dividend distribution of 12 CNY per 10 shares [5]. Group 4: Recent Developments - The company decided not to adjust the conversion price despite triggering conditions for downward adjustment in March 2025, maintaining the price at 53.20 CNY [6][7]. - The latest adjustment to the conversion price, effective June 26, 2025, reflects a reduction to 52.21 CNY due to a cash dividend distribution of approximately 0.9864 CNY per share [8].

Core Viewpoint - The company has made adjustments to the conversion price of its convertible bonds, "蒙娜转债," based on various corporate actions such as stock dividends, capital increases, and cash distributions [1][2][3][4][5][6][7][8]. Summary by Sections Convertible Bond Issuance and Price Adjustment Mechanism - The company issued 11.6893 million convertible bonds on August 16, 2021, with an initial conversion price of 27.20 CNY per share [1]. - The conversion price is subject to adjustments based on stock changes due to stock dividends, capital increases, and cash distributions, following specific formulas outlined in the bond issuance prospectus [1][2]. Historical Adjustments to Conversion Price - The conversion price was adjusted from 27.20 CNY to 27.07 CNY effective September 24, 2021, due to stock incentives [2]. - Further adjustments occurred, reducing the conversion price to 26.92 CNY on February 16, 2022, and to 26.63 CNY on an unspecified date in 2022, reflecting additional stock incentives and cash dividends [3][4]. - The conversion price was adjusted to 26.75 CNY on October 26, 2022, and to 26.72 CNY on December 30, 2022, due to further stock incentives [5][6]. - The conversion price was further reduced to 26.57 CNY on June 14, 2023, following a cash dividend distribution [6]. - The latest adjustment set the conversion price to 26.27 CNY, effective after a cash dividend distribution on an unspecified date in 2024 [7]. - A significant downward adjustment to 20.00 CNY was approved by the board on October 31, 2024, effective November 1, 2024, following the annual profit distribution plan [8]. Current Conversion Price - The current conversion price for "蒙娜转债" is set at 19.80 CNY per share, effective from 2025, after accounting for the latest cash dividend distribution [8].

Core Points - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 annual profit distribution plan [1][3] - The conversion price will be adjusted from 71.91 yuan per share to 71.71 yuan per share, effective from June 26, 2025 [2][5] - The company will distribute a cash dividend of 2 yuan per 10 shares (including tax) to all shareholders, with no stock dividends or capital increases [3][5] Summary by Sections Conversion Price Adjustment - The adjustment of the conversion price is based on regulations from the China Securities Regulatory Commission and the company's bond issuance prospectus [2][4] - The formula for adjusting the conversion price is P1 = P0 - D, where P0 is the previous conversion price and D is the cash dividend per share [5][6] Dividend Distribution - The company will implement a cash dividend distribution on June 25, 2025, with the total share capital as the base for the distribution [3][5] - The company will maintain the per-share distribution ratio even if the total share capital changes before the record date [3] Trading Suspension - The convertible bonds will be suspended from conversion from June 18, 2025, until the adjustment takes effect on June 26, 2025 [1][5]

Core Viewpoint - Zhejiang Titan Co., Ltd. announces the suspension of conversion for its convertible bonds during the implementation of the 2024 annual equity distribution, with resumption set for the first trading day after the record date [1] Group 1: Announcement Details - The company will implement the 2024 annual equity distribution soon, leading to the suspension of conversion for its convertible bonds, referred to as "Titan Convertible Bonds" [1] - The suspension of conversion will last until the first trading day following the equity distribution record date [1] - The convertible bonds will continue to trade normally during the suspension period [1] Group 2: Adjustment Mechanism - The adjustment of the conversion price will occur in cases of stock dividends, capital increases, new share issuances, or cash dividends, as outlined in the company's prospectus [2] - Specific formulas for adjusting the conversion price are provided, including scenarios for stock dividends, new share issuances, and cash dividends [2] - The company will publish announcements regarding the adjustment of the conversion price, including the adjustment date and any suspension periods [3]

Core Viewpoint - The announcement details the adjustment of the conversion price for the company's convertible bonds, "Jineng Convertible Bonds," in response to profit distribution and other corporate actions. Group 1: Conversion Price Adjustment Basis - The company issued 15 million convertible bonds with a total value of 1.5 billion RMB on October 14, 2019, with a maturity of 6 years [1] - The conversion price is adjusted based on various corporate actions such as stock dividends, capital increases, and cash dividends, following specific formulas [1][2] Group 2: Historical Conversion Price Adjustments - In 2019, the conversion price was adjusted to 11.40 RMB/share after a cash dividend of 1.48 RMB per 10 shares [2] - In 2020, the conversion price was adjusted to 10.78 RMB/share following a non-public issuance of shares [3] - In 2021, the conversion price was adjusted to 10.43 RMB/share after a cash dividend of 3.48 RMB per 10 shares [4] - In 2022, the conversion price was adjusted to 9.96 RMB/share after a cash dividend of 1.20 RMB per 10 shares [5] - In 2023, the conversion price was adjusted to 9.87 RMB/share following a cash dividend of 0.94 RMB per 10 shares [6] Group 3: Upcoming Adjustments - For the first quarter of 2025, the company plans to distribute a cash dividend of 0.12 RMB per 10 shares, adjusting the conversion price to 9.75 RMB/share effective from June 25, 2025 [6]

Key Points - The announcement pertains to the adjustment of the conversion price for the company's convertible bonds due to the 2024 annual profit distribution plan [1][2] - The conversion price for "Xingye Convertible Bonds" will be adjusted from RMB 22.25 per share to RMB 21.19 per share, effective from June 20, 2025 [1][2] - The adjustment is based on the distribution of cash dividends of RMB 10.60 per 10 shares to all ordinary shareholders, with the record date for the dividend being June 19, 2025 [1][2] Suspension and Resumption of Trading - The trading of "Xingye Convertible Bonds" will be suspended from June 13, 2025, until the record date of the profit distribution on June 19, 2025, and will resume on June 20, 2025 [1][2] - The suspension is in accordance with the company's profit distribution announcement [1][2] Adjustment Formula - The adjustment of the conversion price follows the formula: 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 1 - The company announced an adjustment to the conversion price of its convertible bonds, "Honglu Convertible Bonds," due to a cash dividend distribution [1][2] - The company issued 18.80 billion yuan worth of convertible bonds in October 2020, with a face value of 100 yuan per bond [1] - The adjusted conversion price is set at 32.08 yuan per share, effective from June 20, 2025, after a cash dividend of 3.60 yuan per 10 shares [4][3] Group 2 - The company will distribute a total cash dividend of approximately 247.45 million yuan based on the adjusted total share capital of 687,363,309 shares [4][2] - The adjustment formula for the conversion price is based on the company's profit distribution plan and follows specific regulatory guidelines [2][1] - The conversion period for the "Honglu Convertible Bonds" is from April 15, 2021, to October 8, 2026 [4][3]

Core Viewpoint - The announcement details the suspension of the conversion of the company's convertible bonds during the rights distribution period, with specific dates and adjustment methods for the conversion price outlined [1][2]. Group 1: Rights Distribution and Suspension of Conversion - The company will implement the 2024 rights distribution on May 13, 2025, leading to the suspension of the conversion of its convertible bonds (code: 123063, name: Dayu Convertible Bonds) from June 16, 2025, until the rights registration date [1]. - The conversion will resume on the first trading day after the rights registration date [1]. Group 2: Adjustment of Conversion Price - The adjustment of the conversion price will occur sequentially based on events such as stock dividends, capital increases, new share issuances, and cash dividends, with specific formulas provided for each scenario [1][2]. - The formulas for adjusting the conversion price include calculations for stock dividends, capital increases, new share issuances, and cash dividends, ensuring that the conversion price reflects the changes in equity structure [1][2].

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of a cash dividend distribution for the fiscal year 2024, resulting in a new conversion price of 24.94 CNY per share, effective from June 20, 2025 [1][4][5] Group 1: Bond Information - The company issued convertible bonds amounting to 812,120,000.00 CNY on July 26, 2024, with a maturity of 6 years and an initial conversion price of 25.23 CNY per share [2][3] - The conversion period for the bonds is from February 5, 2025, to July 25, 2030 [2] Group 2: Dividend Distribution - The company plans to distribute a cash dividend of 2.90 CNY per 10 shares (including tax) to all shareholders, excluding treasury stock [2][3] - The cash dividend per share is calculated to be 0.2890 CNY [5] Group 3: Conversion Price Adjustment - The conversion price adjustment formula is based on the distribution of cash dividends and is calculated as follows: P1 = P0 - D, where P0 is the original conversion price and D is the cash dividend per share [3][5] - The adjusted conversion price is calculated to be 24.94 CNY per share, down from the original price of 25.23 CNY per share [4][5] - The bonds will be suspended from conversion from June 12, 2025, to June 19, 2025, and will resume conversion on June 20, 2025 [1][4]