Core Viewpoint - The company has announced adjustments to the conversion price of its convertible bonds, "威唐转债," based on various corporate actions such as stock dividends, capital increases, and cash dividends [1][2][3]. Summary by Sections 1. Basis for Conversion Price Adjustment - The conversion price of "威唐转债" will be adjusted according to specific formulas when the company undergoes changes in its share capital or shareholder equity [1][2]. 2. Historical Adjustments of Conversion Price - On May 28, 2021, the conversion price was adjusted from 20.75 CNY/share to 20.72 CNY/share following a cash dividend distribution of 0.30 CNY per 10 shares [2]. - On July 1, 2022, the conversion price was adjusted due to another cash dividend distribution, with the new price effective from that date [3]. - On June 2, 2023, the conversion price was adjusted again due to a cash dividend distribution, with the new price effective from that date [3]. - On December 27, 2023, following a new stock issuance, the conversion price was adjusted from 20.62 CNY/share to 20.30 CNY/share [4]. - The conversion price was further adjusted to 20.28 CNY/share due to the 2023 profit distribution, effective from June 7, 2024 [5]. - Another adjustment occurred on September 13, 2024, lowering the conversion price to 20.25 CNY/share due to the 2024 semi-annual profit distribution [5]. - On November 1, 2024, the conversion price was significantly reduced to 15.00 CNY/share following a downward revision approved by the board [6]. - The conversion price was adjusted to 14.97 CNY/share due to the 2024 profit distribution, effective from June 9, 2025 [7]. 3. Reason and Result of Recent Adjustment - The recent adjustment of the conversion price is due to the completion of the repurchase and cancellation of 462,500 shares, which represents a 0.26% reduction in the total share capital [8]. - The new conversion price will be set at 14.99 CNY/share, effective from July 21, 2025, and this adjustment does not require a suspension of conversions [8].

Core Points - The company, Wuxi Weitang Industrial Technology Co., Ltd., is implementing its 2024 annual equity distribution plan, which involves a temporary suspension of the conversion of its convertible bonds, Weitang Convertible Bonds (code: 123088), from May 29, 2025, to June 6, 2025 [1][2] - The resumption of the conversion for the Weitang Convertible Bonds will take place on June 9, 2025 [1] - The company has ensured that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1] Summary by Sections Convertible Bonds - The Weitang Convertible Bonds will be suspended for conversion during the equity distribution period as per the relevant regulations [1] - The specific dates for the suspension and resumption of conversion are clearly outlined, with the suspension occurring from May 29, 2025, to June 6, 2025, and resuming on June 9, 2025 [1] Company Assurance - The company and its board members guarantee the authenticity and completeness of the disclosed information, ensuring no significant omissions or misleading statements [1]

Core Viewpoint - The company is adjusting the conversion price of its convertible bonds due to changes in its share capital structure and upcoming dividend distributions, ensuring compliance with relevant regulations and protecting bondholders' rights [1][2][6]. Group 1: Conversion Price Adjustment Basis - The conversion price of the company's convertible bonds will be adjusted based on specific formulas when there are changes in share capital, such as stock dividends, capital increases, or cash dividends [1][2]. - The company will announce the adjusted conversion price and the effective date through designated media [2]. Group 2: Historical Adjustments - On May 28, 2021, the conversion price was adjusted from 20.75 CNY/share to 20.72 CNY/share following a cash dividend distribution of 0.30 CNY per 10 shares [2]. - On July 1, 2022, the conversion price was adjusted due to another cash dividend distribution, with the new price effective from that date [3]. - On June 2, 2023, the conversion price was adjusted again due to a cash dividend distribution, with the new price effective from that date [3]. - On December 27, 2023, the conversion price was adjusted from 20.62 CNY/share to 20.30 CNY/share following a new share issuance [4]. - The conversion price was further adjusted to 20.28 CNY/share due to the 2023 profit distribution, effective from June 7, 2024 [5]. - The conversion price was adjusted to 20.25 CNY/share due to the 2024 semi-annual profit distribution, effective from September 13, 2024 [5]. - On November 1, 2024, the conversion price was revised down to 15.00 CNY/share following a board resolution [6]. Group 3: Current Adjustment Reasons and Results - The current adjustment is due to the implementation of the 2024 profit distribution plan, with a cash dividend of 0.30 CNY per 10 shares based on a total share capital of 174,778,421 shares [6][7]. - The adjusted conversion price will be 14.97 CNY/share, effective from June 9, 2025, after a cash dividend distribution [7].

Core Viewpoint - The company, Wuxi Weitang Industrial Technology Co., Ltd., is set to implement its 2024 annual equity distribution, affecting the convertible bonds issued by the company, specifically the Weitang Convertible Bonds (code: 123088) [1][2]. Group 1: Convertible Bonds Information - The convertible bond conversion period is from June 21, 2021, to December 14, 2026 [1]. - The conversion of the bonds will be suspended from May 29, 2025, until the equity distribution registration date for the 2024 annual distribution [1]. - The conversion will resume on the first trading day following the equity distribution registration date [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, or cash dividends, following specific formulas [2][3]. - The formulas for adjusting the conversion price include various scenarios such as stock dividends, capital increases, and cash dividends, ensuring that the new conversion price reflects these changes [2][3]. - The company will announce any adjustments to the conversion price and the suspension period on the Shenzhen Stock Exchange and other designated media [3].