CECWPC(SH:601016) Zheng Quan Zhi Xing·2025-07-01 16:08Summary of Key Points Core Viewpoint - The announcement provides an update on the conversion of convertible bonds issued by China Energy Conservation Wind Power Co., Ltd., highlighting the low conversion rate and the remaining unconverted bonds. Group 1: Convertible Bond Issuance Overview - The company issued 30 million convertible bonds with a total value of RMB 3 billion, with a maturity of 6 years and a tiered interest rate structure starting from 0.2% in the first year to 2.0% in the sixth year [2][3]. - The convertible bonds, known as "节能转债," began trading on December 27, 2021, with an initial conversion price of RMB 4.05 per share, which has since been adjusted to RMB 3.37 per share [3][4]. Group 2: Conversion Status - As of June 30, 2025, only 0.006884% of the total convertible bonds have been converted into shares, amounting to RMB 1,359,000 and 345,077 shares [1][5]. - The total amount of unconverted "节能转债" as of the same date is RMB 2,998,641,000, representing 99.9547% of the total issuance [1][5]. Group 3: Share Capital Changes - The total share capital increased from 6,473,389,180 shares to 6,473,390,050 shares due to the conversion of 870 shares from the convertible bonds [6]. - The number of shares with unlimited sale conditions increased from 5,966,842,861 to 5,966,843,731 shares following the conversion [6].