This announcement informs that TianNeng Heavy Industry Co., Ltd. has decided not to lower the conversion price of its convertible bonds despite triggering conditions for a downward adjustment. The current conversion price is set at 6.01 CNY per share. The board will not propose any downward adjustments for the next two months, and the next evaluation period will begin on August 3, 2026.
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The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
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