Napier Miner: Expected to Trigger "Napier Conversion 02" Stock Price Downward Revision Condition

Nipu Mining Machine announced that as of the close of trading on June 5, 2026, the company's stock price has been lower than the current conversion price of 29.50 yuan/share for 10 out of the previous 30 consecutive trading days, triggering the condition for downward adjustment of the conversion price. If the adjustment condition is triggered, the company should convene a board meeting on the same day to decide whether to make the adjustment, and disclose relevant advisory announcements before the market opens on the next trading day. Investors should pay attention to the company's subsequent announcements and be aware of investment risks.