301499SZSE
🚨 Material Event

Announcement on the Expected Triggering of Downward Adjustment Conditions for Convertible Bond Conversion Price

Weike Precision Co., Ltd.··3 pages

✨ AI Summary

Shanghai Weike Precision Molding Co., Ltd. announces that its stock price has fallen below 85% of the conversion price on 10 out of 30 trading days, potentially triggering a downward adjustment of the convertible bond conversion price. The company will follow procedures outlined in the prospectus if the condition is met. Investors are advised to be aware of investment risks.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 301499 Securities Abbreviation: Weike Precision

Bond Code: 123274 Bond Abbreviation: Weike Convertible

Announcement No.: 2026-039

Shanghai Weike Precision Molding Co., Ltd.

Announcement on the Expected Triggering of Downward Adjustment Conditions for Convertible Bond Conversion Price

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.

Special Reminder:

  1. Stock Code: 301499 Stock Abbreviation: Weike Precision

  2. Bond Code: 123274 Bond Abbreviation: Weike Convertible

  3. Conversion Price: 35.62 RMB/share

  4. Conversion Period: January 4, 2027 to June 25, 2032 (if it falls on a non-trading day, it will be extended to the first trading day thereafter).

  5. As of the closing of trading on July 14, 2026, the stock of Shanghai Weike Precision Molding Co., Ltd. (hereinafter referred to as the "Company") has had 10 trading days within any consecutive 30 trading days where the closing price was lower than 85% of the current conversion price. It is expected that the downward adjustment clause for the conversion price in the "Prospectus for the Issuance of Convertible Corporate Bonds to Unspecified Objects by Shanghai Weike Precision Molding Co., Ltd." (hereinafter referred to as the "Prospectus") may be triggered. If the conditions for adjusting the conversion price are met, the Company will fulfill the subsequent deliberation procedures and information disclosure obligations in a timely manner as stipulated in the "Prospectus." Investors are kindly requested to pay attention to investment risks.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.