Luxshare triggers convertible bond put option after stock decline

Luxshare Precision Industry Co triggered a put option for its convertible bond after its stock price fell below 70% of the conversion price for thirty consecutive trading days.

Bondholders can exercise the put option at 101.258 yuan per bond from July 17-23, 2025, with payment on July 30. The company warned the current market price exceeds the put option price, meaning potential losses for investors who exercise.