Raytron Technology adjusts convertible bond price after dividend payout

Yantai Raytron Technology Co., Ltd. (Raytron Technology) has disclosed that its convertible bond, "Raytron Convertible Bond," will see its conversion price adjusted from CNY 39.21 per share to CNY 39.13 per share. This adjustment is in response to the company's 2025 semi-annual equity distribution plan, which involves a cash dividend of CNY 0.80 per 10 shares (including tax) based on the total share capital recorded on the equity distribution record date. The adjustment to the conversion price will take effect on the first trading day following the equity distribution record date.

The company's board of directors approved the 2025 semi-annual profit distribution plan on August 28, 2025. The plan specifies that shares held in the company's dedicated repurchase account will not participate in this distribution.

During the implementation of the 2025 semi-annual equity distribution, the "Raytron Convertible Bond" will be suspended from conversion from September 18, 2025, until the equity distribution record date. Normal conversion will resume on the first trading day after the equity registration date. Convertible bond holders wishing to benefit from the equity distribution must complete their conversions by September 17, 2025.