002120SZSE
🚨 Material Event

Announcement on the Expected Triggering of Downward Adjustment Conditions for the Conversion Price

Yunda Holding Group Co., Ltd.··3 pages

✨ AI Summary

This announcement from Yunda Holdings indicates that the stock price has fallen below 85% of the conversion price for 9 out of the last 15 trading days. This is expected to trigger a downward adjustment of the conversion price for its convertible bonds. The company will convene a board meeting to decide on the adjustment.

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Full Translation

AI Translation· gemini_document

Securities Code: 002120

Bond Code: 127085

Securities Abbreviation: Yunda Shares

Bond Abbreviation: Yunda Convertible Bond

Announcement Number: 2026-044

Yunda Holdings Group Co., Ltd.

Announcement on the Expected Triggering of Downward Adjustment Conditions for the Conversion Price

The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.

Special Notice:

  1. Securities Code: 002120 Securities Abbreviation: Yunda Shares

  2. Bond Code: 127085 Bond Abbreviation: Yunda Convertible Bond

  3. Conversion Price: RMB 11.53 per share

  4. Conversion Period: October 17, 2023 to April 10, 2029

  5. The period for triggering the downward adjustment condition of the conversion price starts from June 26, 2026, and ends on July 9, 2026. During this period, the closing price of the Company's stock has been lower than 85% of the current conversion price of "Yunda Convertible Bond" for nine trading days. It is expected that the conditions for a downward adjustment of the conversion price will be triggered. According to "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 - Business Handling: 2.4 Issuance of Convertible Corporate Bonds to Unspecified Objects" and other relevant regulations, on the day the condition for adjusting the conversion price is triggered, the Company shall convene a board meeting to decide whether to adjust the conversion price, and promptly fulfill subsequent deliberation procedures and information disclosure obligations as stipulated in the prospectus. If the Company fails to fulfill the deliberation procedures and information disclosure obligations as stipulated in this paragraph, it shall be deemed that the conversion price is not adjusted this time. Investors are kindly reminded to pay attention to investment risks.

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