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Honglu Steel convertible bonds trigger price adjustment

July 11, 2025 at 09:01 AM UTCBy FilingReader AI

Anhui Honglu Steel Construction Group's convertible bonds will trigger a downward conversion price adjustment after the stock closed below 85% of the current conversion price of 32.08 yuan per share for 10 trading days.

The company has also provided bank financing guarantees totaling 15.943 billion yuan for 17 subsidiaries, with 7.47 billion yuan currently outstanding.

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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