Group 1 - Aikodi's shareholders plan to reduce their holdings by no more than 3% of the company's shares [1] - Hangxin Technology received a warning letter from the Guangdong Securities Regulatory Bureau for failing to timely disclose new borrowing matters [1] - Tianchuang Fashion is planning a change of control, resulting in a stock suspension [1] Group 2 - Blue Sky Gas's controlling shareholder, Blue Sky Group, has nearly all of its shares pledged and frozen, with an additional 37.1843 million shares newly pledged [1] - As of December 18, 2025, Blue Sky Group and its actual controller, Li Xinhua, have most of their shares pledged and frozen, with a total of 215 million shares under pending freezing and 6.5561 million shares judicially marked [1] Group 3 - Several convertible bonds are undergoing strong redemption, including the Bo23 Convertible Bond and the Furong Convertible Bond [1] - Other convertible bonds, such as the Lege Convertible Bond and the Shenghong Convertible Bond, will not undergo adjustments [1] Group 4 - The current prices and redemption prices of various convertible bonds are listed, with specific details on their last trading dates and conversion values [4][6]

Group 1 - The sixth meeting of the board of directors of Lege Ergonomics Technology Co., Ltd. was held on December 19, 2025, with all seven directors present, complying with legal and regulatory requirements [2][3]. - The board decided not to lower the conversion price of the "Lege Convertible Bonds" based on the company's fundamentals, stock price trends, and market conditions, aiming to protect the interests of all investors [3]. - The decision includes a commitment not to propose a downward adjustment of the conversion price for the next six months, with a review planned if the adjustment clause is triggered again after June 22, 2026 [3][4]. Group 2 - The meeting was chaired by the chairman and general manager, Xiang Lehung, with some senior executives in attendance [2]. - The voting results showed unanimous support for the decision, with all seven votes in favor and no opposition or abstentions [4]. - Relevant documents, including the meeting resolution and other required files, will be kept on record [5].

Group 1 - The core point of the article is that Lege Co., Ltd. announced that its sixth board of directors approved the proposal not to adjust the conversion price of "Lege Convertible Bonds" [2] Group 2 - The announcement was made on the evening of December 19 [2] - The decision was made during the fourth meeting of the sixth board of directors [2]

Company Overview - Lege Co., Ltd. (SZ 300729) announced its fourth board meeting of the sixth session on December 19, 2025, held in Ningbo, where it reviewed the proposal regarding not adjusting the conversion price of "Lege Convertible Bonds" [1] - As of the report date, Lege Co., Ltd. has a market capitalization of 4.8 billion yuan [1] Revenue Composition - For the year 2024, the revenue composition of Lege Co., Ltd. is as follows: 57.26% from the furniture manufacturing industry and 42.74% from warehousing and logistics services [1]

Core Viewpoint - The company, Lege Co., Ltd., announced that its stock price has been below 85% of the conversion price of 32.91 CNY per share for 10 consecutive trading days, potentially triggering a downward adjustment of the conversion price as per the terms outlined in its convertible bond issuance document [1] Group 1 - The stock price has been consistently below 27.97 CNY per share, which is 85% of the conversion price [1] - The relevant period for this observation is from December 1, 2025, to December 12, 2025 [1] - The company is subject to the terms specified in its convertible bond offering document regarding the adjustment of the conversion price [1]

Core Viewpoint - Lege Ergonomics Technology Co., Ltd. announced the details regarding the repurchase of "Lege Convertible Bonds," including the registration period and pricing [1] Group 1 - The repurchase registration period for the "Lege Convertible Bonds" is set from December 4 to December 10 [1] - The redemption date for the repurchase is scheduled for December 17 [1] - The repurchase price is established at 100.482 yuan [1]

Group 1 - The company did not distribute cash dividends, issue bonus shares, or increase capital from reserves during the reporting period [3] - The controlling shareholder, Ningbo Lijing Electronics Group Co., Ltd., did not change during the reporting period [5] - The company disclosed a plan for the controlling shareholder to increase its stake in the company by investing between RMB 50 million and RMB 100 million within six months [6] Group 2 - As of the announcement date, the controlling shareholder completed the share buyback plan, acquiring 3,515,380 shares, which is 1.03% of the total share capital, for a total amount of RMB 50,482,019.38 [6]

Core Viewpoint - The article discusses recent developments in convertible bonds and credit ratings of various companies, highlighting changes in credit rating agencies and upcoming bond offerings [1]. Group 1: Convertible Bonds - Hengshuai Convertible Bond will be available for subscription on May 29 [1]. - The company Jiayuan Technology plans to change the credit rating agency for its convertible bond from Dongfang Jincheng to Guangzhou Pushe, effective April 28, 2025 [1]. - The company has decided to stop providing rating materials to Dongfang Jincheng for the Jiayuan Convertible Bond, which will no longer receive follow-up tracking ratings from this agency [1]. - The credit rating for Shanshi Convertible Bond has been downgraded to A by United Ratings [1]. - The convertible bonds for Lege, Haishun, Lanfan, and Qifan will not undergo any adjustments [1]. Group 2: Share Transactions - Hangyu Technology intends to acquire 2% of the company's shares from its controlling shareholder through a block trade [1].

Group 1 - The company has issued convertible bonds totaling 142 million yuan, which began trading on November 10, 2020, under the name "Lege Convertible Bonds" [2] - The conversion price of the bonds has undergone several adjustments due to various corporate actions, including profit distribution and stock option plans [3][4][5] - The current conversion price is set at 32.93 yuan per share, with a potential downward adjustment if the stock price remains below 27.99 yuan for a specified period [1][8] Group 2 - The company has outlined the conditions under which the conversion price can be adjusted downward, requiring a board proposal and shareholder approval [7][8] - If the conditions for downward adjustment are met, the company will hold a board meeting to decide on the adjustment and disclose the decision promptly [9] - Investors are encouraged to refer to the company's detailed prospectus for further information regarding the convertible bonds [9]