Microchip Biotech announced that the current conversion price for “Microchip Bonds” is 25.34 yuan/share. From October 27, 2026 to November 9, 2026, the closing price of the company's stock was lower than 85% of the current conversion price of 25.34 yuan/share for ten trading days. There is a possibility that it will trigger downward correction conditions for the share conversion price; if the closing price continues to meet the relevant conditions for 5 consecutive trading days in the future, it may trigger the correction clause. After triggering the conditions, the company will determine whether to revise the share conversion price in accordance with the agreement in the prospectus and the requirements of relevant laws and regulations, and promptly fulfill the obligation to disclose information.

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