Jinko Power convertible bonds near conversion price adjustment

Jinko Power Technology's convertible bonds are expected to trigger a conversion price adjustment after the stock closed below 90% of the current conversion price for ten trading days within the last thirty.

The conversion price has been adjusted multiple times from the initial 6.75 yuan per share to 5.21 yuan as of July 3, 2025. The trigger threshold is 4.69 yuan per share.

The board previously declined to adjust the conversion price on June 30, 2025, but will reassess if conditions are met again.