Muyuan shares: It is expected to trigger the downward revision condition of the conversion price of convertible bonds.

Muyuan Group announced that it is expected to trigger a downward revision of the conversion price of the convertible bonds. The conversion price of the convertible bonds issued by the company this time is RMB 43.32 per share. According to the provisions of the prospectus, when the closing price of the company's stock is lower than 80% of the current conversion price for at least 15 trading days out of any consecutive 30 trading days, the board of directors has the right to propose a downward revision of the conversion price and submit it to the shareholders' meeting for approval. The period for triggering the condition for the downward revision of the conversion price starts from June 8, 2026, and as of June 26, 2026, the company's stock has been trading below 80% of the current conversion price for ten trading days. If the condition for the revision of the conversion price is triggered, the company will promptly fulfill the subsequent review procedures and disclosure obligations in accordance with the prospectus.