Dongbao Bio-Tech: "Dongbao Convertible Bonds" are expected to trigger conditions for a downward adjustment of the conversion price

Zhitong
2025.09.30 07:51

Baotou Dongbao Bio-Tech Co., Ltd. announced that from September 17 to September 30, 2025, the closing price of the company's stock has been below the current conversion price of 6.63 yuan/share for 90% of the ten trading days, which is expected to trigger the downward adjustment condition for the "Dongbao Convertible Bond." The total issuance amount of the "Dongbao Convertible Bond" is 455 million yuan, listed on August 18, 2023, with a conversion period from February 5, 2024, to July 30, 2029. If the adjustment condition is triggered, the company's board of directors has the right to decide whether to propose an adjustment plan and submit it to the shareholders' meeting for review, and will fulfill the review procedures and information disclosure obligations as required, reminding investors to pay attention to risks