恒锋信息科技股份有限公司关于预计触发可转债转股价格向下修正条件的详细公告
核心要点：
- 公司证券代码：300605，债券代码：123173，债券简称：恒锋转债
- 当前可转债转股价格为13.77元/股
- 转股期限为2023年7月6日至2028年12月29日
- 公司股票近期或将触发转股价格向下修正条款，董事会有权提出转股价下修方案并提交股东大会表决
一、事件背景及详细情况
恒锋信息科技股份有限公司（以下简称“公司”）于2022年12月30日发行了面值为100元/张的可转换公司债券“恒锋转债”，总计2,424,357张，募集资金总额为2.42亿元，已于2023年2月8日在深圳证券交易所挂牌上市。
转股期限自2023年7月6日开始，至2028年12月29日结束。初始转股价格为13.85元/股，后因分红分别于2023年7月5日调整至13.81元/股，2024年7月3日调整至目前的13.77元/股。
二、预计触发转股价下修条件，或引发重要变动
根据募集说明书相关约定，当公司股票在任意连续三十个交易日中至少有十五个交易日的收盘价低于当前转股价格的80%（即11.016元/股）时，董事会有权提出转股价格向下修正方案，并提交股东大会表决。
目前，公司股票自2026年5月29日至2026年6月15日已有10个交易日的收盘价低于11.016元/股，若后续继续出现低于该价格的收盘价，极有可能触发转股价格的向下修正条款。
三、转股价格下修条款的具体内容及实施程序
- 董事会有权提出转股价格下修方案，并提交公司股东大会审议，须经出席股东大会的股东三分之二以上表决通过，且持有可转债的股东需回避表决。
- 下修后的转股价格不得低于股东大会召开日前20个交易日公司股票均价及前一交易日均价中的较高者，同时不得低于最近一期经审计的每股净资产值及股票面值。
- 如董事会决定下修，将及时信息披露，公告修正幅度、股权登记日及暂停转股期间等相关事项。修正方案实施后，将于股权登记日后的首个交易日恢复转股并执行修正后价格。
- 若公司未按规定履行审议程序及信息披露义务，则视为本次不修正转股价格。
四、对投资者的影响与重要提示
如果公司触发并实施转股价格下修，将显著提升可转债的吸引力，促进债券持有人转股意愿，可能导致公司流通股本迅速增加，进而对公司股价带来压力，对现有股东的持股比例、每股收益等核心指标构成稀释，属于高度价格敏感信息。
投资者需高度关注公司相关公告，及时评估投资风险和潜在机会。
五、其他重要信息
更多关于“恒锋转债”的详细内容，可查询公司2022年12月28日在巨潮资讯网披露的《恒锋信息科技股份有限公司向不特定对象发行可转换公司债券募集说明书》。如有疑问，可致电公司董事会办公室（0591-87733307）进行咨询。
免责声明： 本文内容仅供投资者参考，不构成任何投资建议。投资者应充分了解相关风险及自身情况，审慎决策。本文信息来源于公司公告公开披露内容，若后续情况有变，请以公司最新公告为准。
English Version
Detailed Announcement on Expected Trigger of Downward Revision Condition for Convertible Bond Conversion Price by Hengfeng Information Technology Co., Ltd.
Key Points:
- Stock code: 300605, Bond code: 123173, Bond name: Hengfeng Convertible Bond
- Current conversion price: RMB 13.77/share
- Conversion period: July 6, 2023 to December 29, 2028
- The company may soon trigger the downward revision clause of the conversion price; the board has the right to propose a downward adjustment plan and submit it to the shareholders’ meeting for a vote
1. Background and Details
Hengfeng Information Technology Co., Ltd. issued a total of 2,424,357 convertible bonds (“Hengfeng Convertible Bond”) at a par value of RMB 100 each on December 30, 2022, raising a total of RMB 242 million, and the bonds have been listed on the Shenzhen Stock Exchange since February 8, 2023.
The conversion period starts on July 6, 2023, and ends on December 29, 2028. The initial conversion price was RMB 13.85/share, adjusted to RMB 13.81/share on July 5, 2023, and to RMB 13.77/share on July 3, 2024, due to dividend distributions.
2. Expected Trigger of Downward Revision Condition—Potential Major Change
According to the prospectus, if the company’s stock closes below 80% of the current conversion price (i.e., RMB 11.016/share) on at least 15 out of any consecutive 30 trading days, the board has the right to propose a downward revision of the conversion price and submit it to the shareholders’ meeting for a vote.
Currently, from May 29, 2026, to June 15, 2026, there have already been 10 trading days with closing prices below RMB 11.016/share. If this trend continues, the downward revision condition will likely be triggered.
3. Details of the Downward Revision Clause and Implementation Procedure
- The board may propose a downward revision plan, which must be approved by at least two-thirds of the voting rights at the shareholders’ meeting. Convertible bondholders must abstain from voting.
- The revised conversion price must not be lower than the higher of the average stock price over the 20 trading days before the shareholders’ meeting and the price on the previous trading day, nor lower than the latest audited net asset value per share and the par value.
- If the board decides to implement the downward revision, it will promptly disclose the details, including the extent of the revision, ex-rights date, and any temporary suspension of conversion. After implementation, conversion reopens at the new conversion price.
- If the company fails to follow the procedure and disclosure, it is deemed not to revise the conversion price.
4. Impact on Investors and Key Warnings
If the downward revision is triggered and implemented, the attractiveness of the convertible bonds increases, encouraging bondholders to convert, potentially increasing the company’s tradable shares and diluting existing shareholders’ equity and earnings per share—this is highly price-sensitive information.
Investors should pay close attention to future announcements and assess both risks and opportunities.
5. Other Important Information
For more details, please refer to the prospectus disclosed on www.cninfo.com.cn on December 28, 2022. For inquiries, contact the board office at 0591-87733307.
Disclaimer: The content of this article is for reference only and does not constitute investment advice. Please make investment decisions prudently and refer to the latest company disclosures for any subsequent changes.
