CJJG(SH:600496) Zheng Quan Zhi Xing·2025-04-01 12:23Core Points - The company has issued a total of 20 billion RMB in convertible bonds, with a conversion period from October 28, 2022, to April 21, 2028 [1][2] - As of March 31, 2025, only 0.0008% of the total shares have been converted from the convertible bonds, indicating a low conversion rate [1][2] - The remaining unconverted amount of the convertible bonds is 1,999,922,000 RMB, which constitutes 99.9961% of the total issuance [1][3] Convertible Bond Issuance - The company received approval from the China Securities Regulatory Commission to publicly issue 20 million convertible bonds at a face value of 100 RMB each, totaling 20 billion RMB [2] - The initial conversion price was set at 5.00 RMB per share, which has been adjusted to 4.96 RMB, 4.92 RMB, and will further adjust to 4.86 RMB due to annual equity distributions [2] Conversion Status - During the conversion period from December 31, 2024, to March 31, 2025, the total amount converted was only 1,000 RMB, resulting in the issuance of 205 new shares [1][2] - The total number of shares before conversion was 2,012,889,966, and after conversion, it increased to 2,012,890,171 [3]