000723SZSE

Notice on the Anticipated Downward Adjustment Conditions for the Conversion Price of Meijin Convertible Bonds

Shanxi Meijin Energy Co., Ltd.··4 pages

✨ AI Summary

This announcement informs about the anticipated conditions for the downward adjustment of the conversion price of Meijin Convertible Bonds. The conversion price is set at 5.26 CNY per share, effective from October 26, 2022, to April 19, 2028. If the stock price falls below 85% of the conversion price, the company will hold a shareholders' meeting to discuss the adjustment proposal.

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Full Translation

AI Translation· azure_openai

Special Instructions:

  1. Stock Code: 000723 Stock Name: Meijin Energy
  2. Bond Code: 127061 Bond Name: Meijin Convertible Bonds
  3. Conversion Price: 5.26 CNY/share
  4. Conversion Period: From October 26, 2022, to April 19, 2028
  5. According to the regulations of the Shenzhen Stock Exchange, if the average trading price of the stock falls below 85% of the conversion price during the trading days from May 19, 2026, to June 1, 2026, the company will convene a shareholders' meeting to discuss the adjustment proposal for the conversion price.

Basic Situation of "Meijin Convertible Bonds"

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