Securities Code: 300891
Bond Code: 123168
Company Name: Huiyun Titanium Industry
Bond Name: Huiyun Convertible Bond
Announcement No.: 2026-038
Guangdong Huiyun Titanium Industry Co., Ltd.
Announcement on the Reminder of Conditions for Downward Adjustment of Conversion Price of Huiyun Convertible Bonds
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false representations, misleading statements, or material omissions.
Special Reminder:
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Securities Code: 300891, Securities Name: Huiyun Titanium Industry
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Bond Code: 123168, Bond Name: Huiyun Convertible Bond
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Conversion Price: 10.74 RMB/share
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Conversion Period: May 29, 2023, to November 22, 2028
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According to the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by Guangdong Huiyun Titanium Industry Co., Ltd." (hereinafter referred to as the "Prospectus"), during the term of this convertible bond, if the closing price of the company's stock is lower than 85% of the current conversion price for at least fifteen trading days within any thirty consecutive trading days, the company's board of directors has the right to propose a downward adjustment of the conversion price and submit it to the company's shareholders' meeting for deliberation.
The Company held the 16th meeting of the Fifth Board of Directors on December 22, 2025, and deliberated and passed the "Proposal on Not Downwardly Adjusting the Conversion Price of 'Huiyun Convertible Bond'". It was decided that from December 23, 2025, to June 22, 2026, if the downward adjustment clause for the conversion price of "Huiyun Convertible Bond" is triggered again, a downward adjustment proposal will not be submitted. Starting from June 23, 2026, if the downward adjustment clause for the conversion price of "Huiyun Convertible Bond" is triggered again, the company's board of directors will convene another meeting to decide whether to exercise the downward adjustment right of the conversion price of "Huiyun Convertible Bond".
From June 23, 2026, to July 6, 2026, the closing price of the company's stock has been lower than 85% of the current conversion price (i.e., 9.129 RMB/share) for 10 trading days. If the conversion price adjustment conditions are triggered, the company will fulfill the subsequent deliberation procedures and information disclosure obligations in a timely manner as stipulated in the Prospectus. Investors are kindly reminded to pay attention to investment risks.
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