Group 1 - The company Zhejiang Xinzhonggang Thermal Power Co., Ltd. has announced that its convertible bond "Xin Gang Convertible Bond" is expected to meet the conditions for a price adjustment [1][2] - The company issued 3,691,350 convertible bonds on March 8, 2023, with a total amount of 36.9135 million yuan and a maturity of 6 years [2] - The initial conversion price of the convertible bond was set at 9.18 yuan per share, which has been adjusted to 8.85 yuan per share due to dividend distributions [4][5] Group 2 - The convertible bond's price adjustment clause allows for a downward revision if the stock price falls below 85% of the current conversion price for at least 15 out of 30 consecutive trading days [5][6] - The company has indicated that from April 7 to April 18, 2025, the stock price has already been below 7.52 yuan (85% of 8.85 yuan) for ten trading days, which may trigger the price adjustment clause [6]

Core Points - The stock price of New Zhonggang (605162) closed at 7.86 yuan on April 1, 2025, with an increase of 3.69% and a turnover rate of 2.17% [1] - The trading volume was 86,900 lots, with a total transaction amount of 67.9449 million yuan [1] Trading Information Summary - On the same day, the main funds experienced a net outflow of 2.2937 million yuan, accounting for 3.38% of the total transaction amount [2] - Retail investors had a net inflow of 1.7752 million yuan, representing 2.61% of the total transaction amount [2] Company Announcement Summary - As of March 31, 2025, a total of 731,000 yuan of "Xin Gang Convertible Bonds" was converted into company stock, resulting in an increase of 81,735 shares, which is 0.0204% of the total shares before conversion [2] - The unconverted amount of "Xin Gang Convertible Bonds" is 368.404 million yuan, which is 99.8020% of the total issuance [2] - The total share capital of the company increased from 400,512,080 shares to 400,532,735 shares after the conversion [2]