Mingxin Xuteng: Downward revision of the conversion price of Mingxin convertible bonds; conversion suspended on September 15.
Mingxin Xuteng announced that, due to the triggering of the downward adjustment clause for the conversion price, the company will adjust the conversion price of the "Mingxin Convertible Bond" downward from RMB 24.37 per share to RMB 20.15 per share. The adjusted conversion price will take effect on September 16, 2026. The Mingxin Convertible Bond will suspend conversion for the entire day on September 15, 2026, and resume conversion on September 16.
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