Sanfang Alley announced that from April 29, 2024 to May 15, 2024, the closing price of the company's stock was lower than 85% of the current share conversion price for 10 trading days (that is, 2.57 yuan/share). If the closing price of the company's stock falls below 85% of the current conversion price for 5 trading days within the next 20 trading days, it will trigger the “Sanfang Bonds” conversion price correction clause.
三房巷：“三房转债”预计满足转股价格修正条件
Sanfang Alley: “Three Bedroom Bonds Transfer” is expected to meet the conversion price correction conditions
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