USC(688403) 证券之星·2025-05-11 09:15Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 annual profit distribution plan, which includes a cash dividend distribution to shareholders [1][2]. Summary by Sections Securities Suspension and Resumption - The company's convertible bonds will stop conversion from May 9, 2025, to May 15, 2025, and will resume conversion on May 16, 2025 [1][4]. Adjustment of Conversion Price - The conversion price before adjustment was 7.70 CNY per share, and after adjustment, it will be 7.61 CNY per share, effective from May 16, 2025 [2][3]. Basis for Price Adjustment - The adjustment is based on the resolution passed at the 2024 annual general meeting, which approved a cash dividend of 0.95 CNY per 10 shares (including tax) to all shareholders, without capital reserve conversion or stock distribution [2][3]. Calculation of Adjusted Conversion Price - The adjusted conversion price is calculated using the formula: P1 = P0 - D, where P0 is the original conversion price, and D is the cash dividend per share. The calculated cash dividend per share for the distribution is approximately 0.0936 CNY, leading to the new conversion price of 7.61 CNY per share [3][4]. Additional Information - For further details regarding the convertible bonds, investors are directed to the company's prospectus disclosed on August 5, 2024 [4].