CHANGHAI(SZ:300196) Zheng Quan Zhi Xing·2025-04-01 08:24Core Points - The announcement details the conversion situation of Jiangsu Changhai Composite Materials Co., Ltd.'s convertible bonds for the first quarter of 2025, confirming that no conversions occurred during this period [1][5] - The current effective conversion price is set at 15.64 CNY per share, following adjustments made in previous years [4][5] Group 1: Convertible Bond Issuance - The company issued 5.5 million convertible bonds on December 23, 2020, with a total face value of 550 million CNY [1] - The bonds were listed and began trading on the Shenzhen Stock Exchange on January 15, 2021, under the name "Changhai Convertible Bonds" and code "123091" [1][2] Group 2: Conversion Period and Price Adjustments - The conversion period for the bonds started on June 29, 2021, and will last until December 22, 2026 [2] - The conversion price has been adjusted multiple times: from 16.24 CNY to 16.14 CNY in May 2021, then to 15.99 CNY in May 2022, and further to 15.79 CNY in May 2023, finally reaching 15.64 CNY in May 2024 [3][4][5] Group 3: Share Capital Changes - As of March 31, 2025, the company has 5,497,389 convertible bonds remaining, with a total face value of 549,738,900 CNY [5] - The total share capital remains at 408,716,549 shares, with 39.73% being restricted shares and 60.27% being unrestricted shares [5]