Changzhou Qiangli Electronic New Materials Co., Ltd. has announced that as of May 15, 2024, the company's stock has appeared in at least 15 trading days out of any continuous 30 trading days with a closing price lower than 85% of the current conversion price, triggering the downward revision clause of the "Qiangli Convertible Bonds" conversion price. On May 15, 2024, the fifth session of the seventh board of directors of the company was held. The proposal on not downwardly revising the conversion price of "Qiangli Convertible Bonds" was approved. The board of directors of the company decided not to downwardly revise the conversion price this time, and within the next one month (i.e. from May 16, 2024 to June 16, 2024), no downward revision proposal will be put forward if the downward revision clause of the conversion price of "Qiangli Convertible Bonds" is triggered again.
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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