Wuxi Autowell Technology Co. Ltd.SSE: 688516

(688516)"Wuxi Autowell Technology Co., Ltd."Indicative Announcement on "Wuxi Autowell Convertible Bonds" Expected to Meet Conditions for Revising Conversion Price

· Issued by Wuxi Autowell Technology Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688516 · · 9 pages · Chinese

Summary by 6ix AI

Wuxi Autowell Technology Co. Ltd. has issued an indicative announcement regarding its convertible bonds, indicating that conditions for revising the conversion price may be met. The announcement highlights that the stock price has been below a certain threshold, which could trigger a downward adjustment of the conversion price for the bonds. The company assures that it will disclose any decisions regarding the adjustment in a timely manner, adhering to regulatory requirements. Investors are advised to pay attention to future announcements and associated risks.

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

On 6ix: 6ix.com/news/688516wuxi-autowell-technology-co-ltdindicative-announcement-on-wuxi-autowell-convertible-bonds-expected-to-meet-conditions-for-revising-conversion-price

Release

Indicative Announcement on "Wuxi Autowell Convertible Bonds" Expected to Meet Conditions for Revising Conversion Price

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Wuxi Autowell Technology Co. Ltd. on 6ix

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