300630SZSE

Notice on Anticipated Trigger of Downward Adjustment Conditions for Convertible Bonds

Pulitui Co., Ltd.··7 pages

✨ AI Summary

This announcement informs investors that Hainan Puli Pharmaceutical Co., Ltd. anticipates triggering conditions for a downward adjustment of the conversion price of its convertible bonds. As of May 9, 2025, the stock price has fallen below 85% of the current conversion price for 10 trading days. The company will follow the necessary procedures for potential adjustments and urges investors to be aware of investment risks.

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Full Translation

AI Translation· azure_openai

Securities Information

  1. Securities Code: 300630
  2. Securities Abbreviation: Puli Tui
  3. Bond Code: 123099
  4. Bond Abbreviation: Puli Convertible Bond

Conversion Price and Period

  1. Conversion Price: 3.00 CNY/share
  2. Conversion Period: August 23, 2021, to February 8, 2027

Trigger Conditions for Downward Adjustment

  1. According to the "Prospectus for the Public Offering of Convertible Bonds by Hainan Puli Pharmaceutical Co., Ltd." (hereinafter referred to as the "Prospectus"), during the validity of the convertible bonds, if the closing price of the company's stock is below 85% of the current conversion price for at least 15 trading days within any consecutive 30 trading days, the Board of Directors has the right to propose a downward adjustment of the conversion price and submit it for shareholder approval.
  2. From March 17, 2025, to May 9, 2025, the company's stock has had 10 trading days where the closing price was below 85% of the current conversion price (i.e., 2.55 CNY/share), which may trigger the conditions for a downward adjustment of the conversion price. If triggered, the company will fulfill subsequent review procedures and information disclosure obligations as stipulated in the Prospectus. Investors are advised to pay attention to investment risks.

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