YOOZOO(SZ:002174) Zheng Quan Zhi Xing·2025-07-01 16:08Summary of Key Points Core Viewpoint - The company, YooZoo Network Co., Ltd., has announced the adjustment of the conversion price for its convertible bonds, reflecting changes in its share capital and dividend distribution policies [1][5]. Group 1: Convertible Bond Issuance - The company issued 11,500,000 convertible bonds with a total value of 115,000 million RMB, approved by the China Securities Regulatory Commission on September 23, 2019 [1]. - The bonds were listed on the Shenzhen Stock Exchange on October 21, 2019, under the code 128074 and the English abbreviation "YooZoo-CB" [2]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 17.06 RMB per share, effective from March 27, 2020 [2]. - Following a cash dividend distribution, the conversion price was adjusted to 16.97 RMB per share, effective from August 25, 2020 [3]. - Another adjustment brought the conversion price down to 16.92 RMB per share, effective from August 2, 2024 [4]. - The most recent adjustment, approved by the board, reduced the conversion price to 10.10 RMB per share, effective from March 7, 2025 [5]. Group 3: Share Capital Changes - As of the second quarter of 2025, the total share capital increased from 915,922,435 shares to 933,911,274 shares due to the conversion of bonds [6]. - The remaining amount of convertible bonds is 499,916,100 RMB, and the conversion does not involve repurchased shares [5].