Tianrun Dairy adjusts convertible bond price after share cancellation

Xinjiang Tianrun Dairy Co has adjusted the conversion price of its convertible bonds from 8.28 yuan per share to 8.21 yuan per share, effective August 19, 2025.

The adjustment follows the company's decision to cancel 4.8 million repurchased shares rather than use them for employee incentives, reducing its registered capital. The shares had an average repurchase price of 12.78 yuan.