Qiangli New Materials announced that as of July 30, 2026, the closing price of the company's stock had been lower than 85% of the current conversion price of 12.7 yuan/share for 10 trading days since July 17, 2026. If the subsequent closing price continues to fall below this condition, it is expected to trigger a downward correction condition for the “strong debt conversion” conversion price. On the day of the trigger conditions, the company will hold a board of directors to consider whether to revise the share conversion price.

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