KingClean Electric convertible bonds near conversion price trigger

KingClean Electric's convertible bonds are approaching conditions that could trigger a downward revision of their conversion price.

As of August 5, 2025, the company's stock had traded below 80% of the current conversion price of RMB 31.72 per share for 10 consecutive trading days since July 23, 2025.

If the stock continues meeting relevant conditions for five more trading days within the next 20 trading days, the conversion price adjustment clause may be triggered.