Wujin Stainless: "Wujin Convertible Bond" triggers adjustment clause, no downward price adjustment in the near term

Zhitong
2025.09.03 08:52

Jiangsu Wujin Stainless Steel Co., Ltd. announced that from August 14 to September 3, 2025, the company's stock triggered the downward adjustment clause for the "Wujin Convertible Bond" conversion price. This convertible bond was issued in July 2023, with a total amount of 310 million yuan, maturing in July 2029, with an initial conversion price of 8.55 yuan/share, and the current conversion price of 7.93 yuan/share. On September 3, 2025, the company's 11th meeting of the 5th Board of Directors decided not to adjust the conversion price downward this time, and if it triggers again in the next six months, no adjustment plan will be proposed. The next triggering period will be recalculated starting from March 4, 2026. Investors are reminded to pay attention to subsequent announcements and risks

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