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The auto parts concept fluctuated and strengthened. Tongda Electric's three-link board, Fuda Co., Ltd., Best, Chaojie, and Quanfeng Motor followed suit.
The auto parts concept fluctuated and strengthened. Tongda Electric's three-link board, Fuda Co., Ltd., Best, Chaojie, and Quanfeng Motor followed suit.
Quanfeng Motor (603982.SH): It is expected that some production lines at the Hungarian production site will begin mass production in 2024
Gelonghui, May 30丨Quanfeng Motor (603982.SH) said on an interactive platform that it is expected that some production lines at the Hungarian production base will begin mass production in 2024.
The China Securities Convertible Index closed down 0.58%, Lingnan Bonds fell by more than 14%, Radio and Television Convertible Bonds fell by more than 6%; Julong Convertible and Quanfeng Convertible Bonds rose nearly 5%.
The China Securities Convertible Index closed down 0.58%, Lingnan Bonds fell by more than 14%, Radio and Television Convertible Bonds fell by more than 6%; Julong Convertible and Quanfeng Convertible Bonds rose nearly 5%.
Quanfeng Motor: The board of directors proposed to revise the “Quanfeng Convertible Bonds” conversion price downward
Nanjing Quanfeng Automobile Precision Technology Co., Ltd. announced that from April 28, 2024 to May 22, 2024, the closing price of the company's stock was lower than 90% (20.016 yuan/share) of the current share conversion price for 15 consecutive trading days, triggering a downward revision of the “Quanfeng Bond-to-Bond” share conversion price. After review and approval at the 18th meeting of the 3rd board of directors of the company, the board of directors of the company proposed a downward revision of the “Quanfeng Bonds Transfer” conversion price. The downward revision of the “Quanfeng Convertible Bonds” conversion price still needs to be submitted to the company's shareholders' meeting for consideration.
Quanfeng Convertible Bonds: Expected to meet the conversion price correction conditions
Nanjing Quanfeng Automobile Precision Technology Co., Ltd. announced that starting from April 28, 2024, until the close of trading on May 15, 2024, the closing price of the company's stock for 10 consecutive trading days was lower than 90% of the current conversion price of 22.24 yuan/share. If the company's stock price continues to meet the relevant conditions for 5 trading days within the next 20 trading days, it may trigger the “Quanfeng Bonds” conversion price correction clause.
Express News | Quanfeng Motor: It is expected that some production lines at the Hungarian production site will begin mass production this year
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