Silkroad Visual: Triggered the conditions for the adjustment of the conversion price, this decision will not be adjusted

On August 18, 2025, it was reported that as of that date, Silkroad Visual's stock had closed below 85% of the current conversion price for at least 15 trading days out of the last 30 trading days, triggering the conditions for a downward adjustment of the conversion price of the Silkroad convertible bonds. After review by the seventh meeting of the fifth board of directors, it was decided not to adjust the conversion price downward this time. From the date of this board meeting until the board meeting to review the "2025 Third Quarter Report," if the conditions are triggered again, the company will not propose an adjustment plan. If triggered again in the future, the board will convene to decide whether to exercise the right to adjust. The Silkroad convertible bonds were issued in March 2022, with a term of 6 years, and the current conversion price is 26.53 yuan/share