FilingReader Intelligence

Wenke convertible bonds may see conversion price cut

February 16, 2025 at 10:36 PM UTCBy FilingReader AI

Shenzhen Wenke Landscape (SZSE:002775) announced that its convertible bonds ("Wenke Convertible Bonds," 128127) are likely to trigger a downward revision of the conversion price. The company stated that in the 30 trading days between January 23, 2025, and February 13, 2025, the company's stock price has fallen below 90% of the current conversion price (¥4.42/share) for 10 trading days, which is ¥3.98.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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