Beibu Gulf Port (000582) 中国证券报-中证网·2025-04-01 22:47Core Viewpoint - The announcement provides details regarding the convertible bonds issued by Beibu Gulf Port Co., Ltd., including the issuance, listing, and adjustments to the conversion price over time [2][3][4][5][6][7]. Group 1: Convertible Bond Issuance and Listing - The company issued 30 million convertible bonds with a total value of 3 billion RMB, each with a face value of 100 RMB, approved by the China Securities Regulatory Commission [2]. - The bonds were listed on the Shenzhen Stock Exchange on July 23, 2021, under the name "Beigang Convertible Bonds" with the code "127039" [3]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 8.35 RMB per share, which was adjusted to 8.17 RMB on May 20, 2022, following a profit distribution of 1.84 RMB per 10 shares [4]. - The conversion price was further adjusted to 8.00 RMB on May 17, 2023, after a profit distribution of 1.73 RMB per 10 shares [5]. - Subsequent adjustments brought the conversion price down to 7.80 RMB on May 13, 2024, and then to 7.60 RMB on June 6, 2024, following respective profit distributions [5][6]. - The latest adjustment set the conversion price at 7.44 RMB on November 22, 2024, after a mid-year profit distribution of 1.51 RMB per 10 shares [7]. Group 3: Conversion and Share Changes - In the first quarter of 2025, the company reported a reduction of 3,000 RMB in convertible bond amounts due to conversion, resulting in 402 shares being converted [8]. - As of March 31, 2025, the remaining convertible bond amount was 1,763,004,300 RMB, with 17,630,043 bonds still outstanding [8]. Group 4: Additional Information - Investors seeking more details on the convertible bonds can refer to the full prospectus published on June 25, 2021 [9]. - The company has provided contact information for investor inquiries regarding the bonds [9].