000983SZSE

Announcement on Adjustment of Conversion Price for Non-Public Issuance of Exchangeable Bonds by Controlling Shareholder

✨ AI Summary

This announcement informs about the adjustment of the conversion price for the exchangeable bonds issued by the controlling shareholder, Shanxi Coking Coal Group. The initial conversion price was set at 10.62 CNY/share, adjusted to 9.82 CNY/share on July 12, 2024, and further to 9.60 CNY/share on July 11, 2025. The adjustment is based on the company's dividend distribution policy.

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Full Translation

AI Translation· azure_openai

Shanxi Coking Coal Energy Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Recently, the Company received a notification from its controlling shareholder, Shanxi Coking Coal Group Co., Ltd. (hereinafter referred to as "Coking Coal Group"), regarding the adjustment of the conversion price for the exchangeable bonds issued by Coking Coal Group in 2023 aimed at professional investors (Phase I) (hereinafter referred to as "the Bonds"). The specific matters are as follows:

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