Square Technology Group Co., Ltd.SSE: 603339

(603339)"Square Technology Group Co., Ltd."Indicative Announcement on "Square Convertible Bonds" Expected to Trigger Downward Revision Condition of Conversion Price

· Issued by Square Technology Group Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603339 · · 3 pages · Chinese

Summary by 6ix AI

Square Technology Group Co., Ltd. has issued an indicative announcement regarding its convertible bonds, indicating a potential downward revision of the conversion price due to recent stock performance. The announcement highlights that the stock price has fallen below a specified threshold, which may trigger the conditions for revising the conversion price of the bonds. The company will hold a board meeting to decide on the revision if the conditions are met and will disclose the outcome promptly to investors. Investors are advised to pay attention to the associated risks and future announcements regarding the bonds.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/603339square-technology-group-co-ltdindicative-announcement-on-square-convertible-bonds-expected-to-trigger-downward-revision-condition-of-conversion-price

Release

Indicative Announcement on "Square Convertible Bonds" Expected to Trigger Downward Revision Condition of Conversion Price

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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