Limin shares: the board of directors decided to revise the conversion price of "Limin convertible bonds" downward to 11.5 yuan / share
According to Limin's announcement, the average trading price of the company's shares was 11.08 yuan / share 20 trading days before the shareholders' meeting. The average trading price of the company's shares on the trading day before the shareholders' meeting was 10.97 yuan / share. The company's latest audited net assets per share were 6.36 yuan and the par value of the shares was 1 yuan, Therefore, the revised "Limin convertible bond" conversion price should not be less than 11.08 yuan / share. After comprehensive consideration of the above-mentioned average stock trading price of the company, the impact of share dilution and stock price, the board of directors of the company decided to revise the share conversion price of "Limin convertible bonds" downward to RMB 11.50/share, and the implementation date of this share conversion price adjustment is September 7, 2021.
This text is a result of machine translation.
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