Yunda Holding declines to cut convertible bond conversion price

Yunda Holding Group Co., Ltd. announced on December 27, 2025, that its board of directors has decided not to adjust downward the conversion price of its "Yunda Convertible Bonds." The company's stock met the criteria for a downward adjustment, as its closing price fell below 85.00% of the current conversion price for at least 15 trading days within any 30 consecutive trading days from December 6 to December 26, 2025.

The board's decision, made on December 26, 2025, reflects confidence in the company's long-term development and intrinsic value, considering its current situation, stock performance, and market conditions. The company stated it would not propose a downward adjustment even if conditions are met again within the next six months.

The "Yunda Convertible Bonds," totaling yuan 245,000,000 across 24.5m shares, were issued on April 11, 2023. The initial conversion price was yuan 12.15 per share, subsequently adjusted to yuan 12.10 on June 8, 2023, yuan 11.93 on June 7, 2024, and yuan 11.73 on June 12, 2025, due to equity distribution plans.