Xianhe issues report, adjusts convertible bond, cancels bank account

Xianhe Co., Ltd. (SSE:603733) has released its Report on the Trusteeship for its publicly issued convertible bonds for the year 2024. The report details the management of the bonds by Orient Securities, the trustee, and covers key aspects including the bond's terms, trustee responsibilities, the financial status of Xianhe, and the use of raised capital. The initial conversion price for the bonds was set at CNY 39.09 per share and was later adjusted. Most recently, the conversion price was adjusted to CNY 19.49 per share.