Core Points - The company announced the conversion of its convertible bonds and changes in total share capital for the first quarter of 2025 [1][5] - The company issued 7,500,000 convertible bonds at a price of 18.69 yuan per bond, raising a net amount of approximately 743.86 million yuan [1][2] - The initial conversion price of the bonds was adjusted to 18.49 yuan per share following a cash dividend distribution [3][5] Convertible Bond Issuance - The company received approval from the China Securities Regulatory Commission to issue convertible bonds on November 17, 2023, and the bonds were listed on January 18, 2024 [1][2] - The bonds have a conversion period from June 28, 2024, to December 21, 2029 [2] Conversion and Share Capital Changes - As of March 31, 2025, a total of 9,479 shares were converted from the bonds, leaving 7,498,207 bonds outstanding with a total face value of approximately 749.82 million yuan [5] - The total number of shares increased from 192,000,216 to 192,009,695 due to the conversion [5] Dividend and Price Adjustment - The company declared a cash dividend of 2.00 yuan per share, resulting in an adjustment of the conversion price from 18.69 yuan to 18.49 yuan [3][5] - The adjusted conversion price will take effect from May 23, 2024 [3] Board Decisions - The board decided not to adjust the conversion price downwards despite market conditions, maintaining the current conversion price of 18.49 yuan per share [4][5]
家联科技: 关于2025年第一季度可转换公司债券转股情况的公告