Securities Code: 300891
Bond Code: 123168
Company Abbreviation: Huiyun Titanium
Bond Abbreviation: Huiyun Convertible Bond
Announcement No.: 2026-040
Guangdong Huiyun Titanium Co., Ltd.
Announcement on Not Lowering the Conversion Price of Huiyun Convertible Bonds
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false statements, misleading representations, or major omissions.
Special Reminders:
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As of the close of trading on July 13, 2026, the stock of Guangdong Huiyun Titanium Co., Ltd. (hereinafter referred to as the "Company") has experienced at least fifteen trading days out of any consecutive thirty trading days where the closing price was lower than 85% of the current conversion price (RMB 9.129 per share), triggering the downward adjustment clause for the conversion price of "Huiyun Convertible Bond".
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On July 13, 2026, the Company held the 20th meeting of the Fifth Board of Directors, which deliberated and passed the "Proposal on Not Lowering the Conversion Price of Huiyun Convertible Bond". The Board of Directors has decided not to lower the conversion price of "Huiyun Convertible Bond" this time. Furthermore, for the two months following the next trading day after the Board meeting's approval (i.e., from July 14, 2026, to September 13, 2026), if the downward adjustment clause for the conversion price of "Huiyun Convertible Bond" is triggered again, no downward adjustment proposal will be submitted. Starting from September 14, 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 for the conversion price of "Huiyun Convertible Bond".