中国卫通: 中国卫通关于控股股东非公开发行可交换公司债券换股价格调整的提示性公告

Core Points - China Satellite Communications Group Co., Ltd. announced an adjustment to the conversion price of its controlling shareholder's non-public issuance of exchangeable bonds [1][7] - The controlling shareholder, China Aerospace Science and Technology Corporation, issued exchangeable bonds with a total scale of 6.1 billion yuan, maturing in three years [1][2] - The conversion price was adjusted from 16.92 yuan per share to 16.89 yuan per share effective June 27, 2025 [7] Summary of Key Sections Controlling Shareholder's Exchangeable Bonds - The exchangeable bonds were issued on August 29, 2024, with a total scale of 61 billion yuan and a maturity of three years [1][2] - The bonds are linked to a portion of the A-shares of China Satellite Communications held by the controlling shareholder [1] Conversion Price Adjustment - The adjustment of the conversion price is based on the distribution of cash dividends, specifically a cash dividend of 0.0323 yuan per share for the fiscal year 2024 [2][3] - The formula for adjusting the conversion price is P1 = P0 - D, where P0 is the previous conversion price, P1 is the new conversion price, and D is the cash dividend per share [3] Future Actions - The company will closely monitor the conversion situation of the exchangeable bonds and fulfill its information disclosure obligations in a timely manner [7]