Guangdong Xianglu Tungsten Co., Ltd. announced that from May 10, 2024 to May 23, 2024, the closing price of the company's stock was less than 80% of the current conversion price for at least 10 out of 30 consecutive trading days. If the closing price of the company's stock continues to fall below 80% of the current share conversion price, it is expected that it may trigger downward revision conditions for the “Xianglu Bonds” conversion price according to the relevant provisions of the “Prospectus”. If the share conversion price correction conditions are triggered later, the company will promptly fulfill the review procedures and information disclosure obligations in accordance with relevant laws and regulations and the provisions of the “Prospectus”.
翔鹭转债：预计触发向下修正转股价格的条款
Xianglu Bonds Exchange: Promised to trigger a downward revision of the conversion price
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