Winning Health to hold off on convertible bond price adjustment

Winning Health Technology Group's stock price fell below 85% of its current conversion price of 17.31 yuan per share (14.71 yuan per share) for at least 15 trading days within the past 30 consecutive trading days as of November 10, 2025. This triggered the downward adjustment clause for its "Weining Convertible Bonds."

Despite this, the company's board of directors resolved not to implement a downward adjustment to the conversion price at this time. Furthermore, for the next three months, from November 11, 2025, to February 10, 2026, the company will not propose a downward adjustment even if the condition is triggered again.

The next period for potential adjustment consideration will commence on February 11, 2026. The initial conversion price for "Weining Convertible Bonds" was 17.76 yuan per share, which has since been adjusted to the current 17.31 yuan per share due to equity distribution and share capital changes. The convertible bonds were issued for a total of 970.2650 million yuan and began trading on the Shenzhen Stock Exchange on March 31, 2021.