ZHHL: Expected to trigger conditions for downward adjustment of conversion price
On the evening of July 6, ZHHL announced that from June 14 to July 4, the closing price of the company's stock had been below 85% of the current conversion price of RMB 31.76 per share for 10 trading days, which is expected to trigger the conditions for a downward adjustment of the conversion price. If the conditions are triggered, the company will hold a board meeting on the day the conditions are triggered to review and decide whether to adjust the conversion price, and will promptly fulfill its information disclosure obligations
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