QiaoYin: "QiaoYin Convertible Bonds" are expected to trigger the conditions for price adjustment of conversion
QiaoYin City Management Co., Ltd. announced that as of August 20, 2025, since August 7, the closing price of the company's stock has been below 85% of the current conversion price of RMB 17.90 per share for 10 trading days, which is expected to trigger the condition for the downward adjustment of the "QiaoYin Convertible Bond" conversion price. Previously, the company decided in April not to adjust the conversion price downward this time, and if it is triggered again from April 29 to August 6, no adjustment plan will be proposed
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