Shanghai Vail Semiconductor Co., Ltd. announced that as of May 14, 2024, the company has triggered a downward revision of the “Vail Bonds” conversion price. After deliberation at the 34th meeting of the sixth board of directors of the company, the board of directors of the company decided not to exercise the right to revise the “Vail Bonds” conversion price downward within 6 months from the date of review and approval by the board of directors (that is, May 14, 2024 to November 13, 2024), if it triggers the “Vail Bonds” conversion price downward revision clause again, and does not propose a downward revision plan.
韦尔股份：不向下修正“韦尔转债”转股价格
Vail Shares: Will not revise the “Vail Bond-to-Bond” conversion price downward
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