Shengtai Group: Notice of the Expected Trigger Conditions for Conversion Price Adjustment of "Shengtai Convertible Bonds"

NightAirdropper · 2026-03-05T15:18:30+00:00

Securities Daily News reported that on March 4th, Shengtai Group announced that the conversion price of the "Shengtai Convertible Bond" is 10.56 yuan per share. Starting from February 11, 2026, and as of March 4, there have been 10 trading days where the closing price was below 85% of the current conversion price, i.e., below 8.9760 yuan per share. If the company's stock closing price continues to stay below 85% of the current conversion price in the future, it is expected that the "Shengtai Convertible Bond" conversion price may be subject to downward adjustment conditions.(Editor: Yuan Guanlin)

NightAirdropper

2026-03-05 15:18:30

Securities Daily News: On March 4th, Shengtai Group announced that the conversion price of its “Shengtai Convertible Bond” is 10.56 yuan per share. Since February 11, 2026, the closing price has been below 85% of the current conversion price for 10 trading days, meaning it has been below 8.9760 yuan per share. If the company’s stock closing price continues to stay below 85% of the current conversion price in the future, it may trigger a downward adjustment of the “Shengtai Convertible Bond” conversion price.

(Editor: Yuan Guanlin)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.