Ligao Foods Co., Ltd. issued a reminder announcement stating that the conversion price of "Ligao Convertible Bonds" is RMB 95.33 per share, with the conversion period from September 13, 2023, to March 6, 2029. Starting from September 15, 2025, until September 26, the company's stock has closed below 85% of the current conversion price for 10 trading days, which is expected to trigger the condition for downward adjustment of the conversion price. If triggered, the company will convene a board meeting as required to review whether to adjust the price, disclose the relevant reminder announcement before the market opens on the next trading day, and fulfill subsequent procedures and information disclosure obligations. Investors can refer to the "Prospectus" for details, and the company reminds to pay attention to investment risks