Stock Code: 300429
Bond Code: 123076
Stock Abbreviation: Qiangli New Material
Bond Abbreviation: Qiangli Convertible Bond
Announcement No.: 2026-029
Changzhou Qiangli Electronic New Materials Co., Ltd.
Announcement on the Reminder of the Condition for Downward Adjustment of Convertible Bond Conversion Price
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Special Reminder:
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"Qiangli Convertible Bond" (Bond Code: 123076) has a conversion period from May 25, 2021, to November 18, 2026. The initial conversion price was RMB 18.98 per share, and the adjusted conversion price is RMB 12.70 per share (effective date: July 24, 2024).
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As of the disclosure date of this announcement, the company's stock closing price has been below 85% of the current conversion price for 10 trading days from July 17, 2026, to July 30, 2026. If the company's stock closing price continues to be below 85% of the current conversion price, it is expected to trigger the condition for a downward adjustment of the "Qiangli Convertible Bond" conversion price. If the condition is triggered, the company will convene a board meeting on the day the condition is triggered to review and decide whether to adjust the conversion price and will fulfill information disclosure obligations in a timely manner. Investors are kindly reminded to pay attention to investment risks.