On the evening of July 6, ZHHL announced that from June 14 to July 4, the closing price of the company's stock had been below 85% of the current conversion price of RMB 31.76 per share for 10 trading days, which is expected to trigger the conditions for a downward adjustment of the conversion price. If the conditions are triggered, the company will hold a board meeting on the day the conditions are triggered to review and decide whether to adjust the conversion price, and will promptly fulfill its information disclosure obligations
