FilingReader Intelligence
Lingyuan Steel bond conversion price revision possible
March 26, 2025 at 05:01 AM UTC•By FilingReader AI
Lingyuan Iron & Steel Co., Ltd. [SSE:600231] announced that its stock has triggered conditions that may lead to a downward revision of the conversion price of its "Lingyuan Steel Convertible Bonds" [SSE:110070]. Trading data shows that the company's share price has triggered the condition where the closing price is below 85% of the current conversion price (RMB 2.20/share) for 10 out of 15 consecutive trading days.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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