Changzhou Qiangli Electronic New Materials Co., Ltd. announced that as of May 15, 2024, the closing price of the company's stock had been lower than 85% of the current share conversion price for at least 15 out of 30 consecutive trading days, triggering a downward revision of the “Strong Bond Transfer” conversion price. On May 15, 2024, the company held the 7th meeting of the 5th board of directors to review and pass the “Proposal on Not to Revise the Exchange Price of Strong Bonds”. The board of directors of the company decided not to revise the share conversion price downward this time, and that within the next 1 month (that is, May 16, 2024 to June 16, 2024), if it once again triggers the downward revision of the “Strong Bond Transfer” share conversion price, it will not propose a downward revision plan.
强力新材：不向下修正“强力转债”转股价格
Strong New Materials: No downward revisions to the “Strong Bonds” conversion price
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