300630SZSE

Announcement on the Board's Proposal to Lower the Conversion Price of Convertible Bonds

Pulitui Co., Ltd.··7 pages

✨ AI Summary

The board of Hainan Puli Pharmaceutical Co., Ltd. proposes to lower the conversion price of its convertible bonds to optimize capital structure and protect bondholders' interests. The new conversion price will be set at 3.00 CNY per share, effective from March 11, 2025. This decision follows a period where the stock price fell below 85% of the current conversion price.

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Full Translation

AI Translation· azure_openai

Special Reminder:

  1. Hainan Puli Pharmaceutical Co., Ltd. (hereinafter referred to as "the Company") stock and convertible bonds (hereinafter referred to as "convertible bonds") entered the delisting arrangement period starting April 28, 2025, lasting for fifteen trading days, with the expected last trading date on May 21, 2025. The Company's stock and convertible bonds will be delisted on the next trading day after the end of the delisting arrangement period.
  2. During the trading period of the delisting arrangement, the Company will not plan or implement any major asset restructuring. For relevant trading rules and investor suitability arrangements during the delisting period, investors should refer to the "Notice on Trading Arrangements for Convertible Bonds During Delisting Period" (Shenzhen Stock Exchange [2023] No. 492) and the "Notice on Improving Investor Suitability Management Related Matters for Convertible Bonds (2025 Revision)" (Shenzhen Stock Exchange [2025] No. 223).
  3. Investors, securities companies, and other market participants should timely settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and Shenzhen Stock Connect businesses before the stock is delisted.
  4. For judicial freeze businesses expiring between the stock delisting and the completion of the initial registration in the delisting sector, it is recommended that the competent authority handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.
  5. The Company's stock has been removed from the Shenzhen Stock Connect targets, and investors can only sell the stock. After the stock enters the delisting sector, investors may not be able to transfer the stock, and investors are reminded to pay attention to investment risks.
  6. According to Article 30 of the "Management Regulations for Convertible Bonds of Delisted Companies," convertible bonds cannot be converted, redeemed, or sold back from the time they are delisted until they are registered again, and relevant information must be resubmitted after registration. Investors wh

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