BAIRUN CORPORATION(SZ:002568) Shang Hai Zheng Quan Bao·2025-04-01 18:10Group 1 - The company issued 11.28 million convertible bonds with a total value of 1.128 billion yuan, with an initial conversion price of 66.89 yuan per share [1][2][3] - The conversion price has been adjusted multiple times, currently standing at 46.96 yuan per share as of July 30, 2024 [3][5][4] - As of the first quarter of 2025, there were no conversions of the bonds, leaving 11,275,119 bonds remaining, valued at 1.127 billion yuan [5][4] Group 2 - The bonds were approved by the China Securities Regulatory Commission and began trading on November 3, 2021 [2][1] - The company has a structured process for adjusting the conversion price based on stock incentives and other corporate actions [3][5] - The company has provided additional resources for investors to understand the bond issuance and related details [5][6]