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Unigroup Guoxin: Convertible bond price revision alert

March 31, 2025 at 05:51 PM UTCBy FilingReader AI

Unigroup Guoxin Microelectronics (SZSE:002049) announced that its "Guowei Convertible Bonds" might trigger a downward revision of the conversion price. As of March 31, 2025, the company's stock price has fallen below 85% of the current conversion price of CNY 97.51 for 10 trading days. If the stock price continues to remain below this threshold (CNY 82.88), the downward revision clause will be triggered. The company will convene a board meeting to decide whether to adjust the conversion price and disclose relevant information as per regulatory requirements. The initial conversion price of "Guowei Convertible Bonds" is CNY 137.78 and the latest is CNY 97.51. The bonds, with code 127038, have a conversion period from December 17, 2021, to June 9, 2027.

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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