ENERGY TECHNOLOGY(SZ:002812) Shang Hai Zheng Quan Bao·2025-04-01 18:11Core Viewpoint - The announcement details the conversion of the company's convertible bonds and the adjustments to the conversion price, highlighting the financial implications and changes in share structure over time [1][11]. Group 1: Convertible Bond Issuance - The company issued 16 million convertible bonds with a total value of 160 million yuan, each with a face value of 100 yuan, and a maturity of 6 years [1]. - The bonds were approved by the China Securities Regulatory Commission and began trading on February 28, 2020 [2]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 64.61 yuan per share, which was adjusted to 64.49 yuan on May 21, 2020, due to a rights issue [3]. - Subsequent adjustments occurred, with the conversion price changing to 65.09 yuan on September 4, 2020, and further adjustments made in 2021 and 2022, reflecting the company's equity distribution [4][5][6]. Group 3: Recent Adjustments and Conversions - As of the first quarter of 2025, the conversion price was adjusted to 32.01 yuan per share after a downward revision on February 11, 2025 [10]. - From January 1 to March 31, 2025, the company saw a reduction of 10,000 yuan in convertible bonds due to conversions, with a total of 294 shares converted [11]. - The remaining convertible bond amount as of March 31, 2025, was approximately 452.9 million yuan, with 4,529,009 bonds still outstanding [11].