Tianneng Heavy Industries announced that the closing price of the company's stock has been lower than 90% of the current conversion price of 6.68 yuan/share for 5 trading days from August 3 to August 7, 2026. If the closing price of subsequent company shares continues to fall below this ratio, it is expected that it may trigger a downward revision of the “Tianneng Bonds” conversion price. If the relevant provisions are triggered, the company will fulfill review procedures and information disclosure obligations in accordance with regulations to remind investors to pay attention to investment risks.

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