Core Points - The announcement details the conversion situation of the company's convertible bonds for the first quarter of 2025 [1] - The company issued 10 million convertible bonds with a total value of 1 billion RMB, which began trading on April 23, 2021 [2][3] - The initial conversion price was set at 20.13 RMB per share, which has been adjusted multiple times due to profit distribution and market conditions [3][4][5][6] Convertible Bond Issuance Overview - The company received approval from the China Securities Regulatory Commission to issue 10 million convertible bonds, with a face value of 100 RMB each, totaling 1 billion RMB [2] - The bonds are listed on the Shenzhen Stock Exchange under the name "洋丰转债" and code "127031" [2] Conversion Price Adjustments - The conversion price was initially set at 20.13 RMB per share and was adjusted to 19.94 RMB after the 2020 profit distribution [3] - Subsequent adjustments were made to 17.76 RMB and then to 17.57 RMB following the 2021 and 2022 profit distributions, respectively [4][5][6] - As of the latest adjustment, the conversion price is set at 17.39 RMB per share, effective from May 21, 2024 [7] Bond Conversion and Share Changes - As of March 31, 2025, no conversions of the "洋丰转债" have occurred, with 9,999,329 bonds remaining, amounting to 999,932,900 RMB [8] - The company’s share capital structure and changes are detailed in the announcement [9]
新洋丰农业科技股份有限公司2025年第一季度可转换公司债券转股情况公告