Unigroup Guoxin Microelectronics convertible bonds near conversion price adjustment

Unigroup Guoxin Microelectronics Co., Ltd. announced that its "Guowei Convertible Bonds" are likely to trigger a downward revision of their conversion price. As of November 14, 2025, the company's stock had traded below 85% of the current conversion price of 97.30 yuan per share for ten trading days since October 30, 2025. This threshold, 82.71 yuan per share, if sustained, will trigger the downward adjustment condition.

The initial conversion price for "Guowei Convertible Bonds" was 137.78 yuan per share, with the conversion period from December 17, 2021, to June 9, 2027. Following previous adjustments, the conversion price was revised to 98.18 yuan per share on August 24, 2022, then to 97.51 yuan per share on June 24, 2024, and finally to 97.30 yuan per share on June 26, 2025.

The company's board decided on July 29, 2025, not to exercise the right to downwardly adjust the conversion price for a three-month period ending October 29, 2025. However, if the conditions are met again, the board will deliberate on whether to implement a downward adjustment.