Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 annual equity distribution, resulting in a new conversion price of 9.54 CNY per share from the previous 13.46 CNY per share [2][5]. Group 1: Equity Distribution and Conversion Price Adjustment - The company will distribute a cash dividend of 1.50 CNY per 10 shares and will increase capital by 4 shares for every 10 shares held [3][5]. - The adjustment to the conversion price is based on the formula outlined in the company's prospectus, which accounts for changes in share capital due to equity distribution [3][4]. - The new conversion price will take effect on May 30, 2025, after a suspension of conversion from May 23 to May 29, 2025 [2][6]. Group 2: Details of the Convertible Bonds - The company issued 4.29018 million A-share convertible bonds with a total issuance amount of 429.018 million CNY on January 4, 2023 [2][3]. - The bonds have a maturity period from January 4, 2023, to January 3, 2029, with a conversion period specified [2][3].
福莱新材: 福莱新材关于实施2024年度权益分派时调整“福新转债”转股价格的公告