WAZAM(SH:603186) Zheng Quan Zhi Xing·2025-07-01 16:11Summary of Key Points Core Viewpoint - The announcement details the conversion results of the convertible bonds issued by Zhejiang Huazheng New Materials Co., Ltd., highlighting the low conversion rate and the remaining unconverted bonds. Group 1: Convertible Bond Issuance Overview - The company issued a total of 5,700,000 convertible bonds in 2022, with a term of 6 years from January 24, 2022, to January 23, 2028, and a face interest rate that increases over the years, starting at 0.20% in the first year and reaching 1.50% by the fourth year [2][3]. Group 2: Conversion Status - As of June 30, 2025, a total of RMB 67,000 worth of convertible bonds have been converted into 1,715 shares, representing 0.0012% of the company's total shares before conversion [1][4]. - The total amount of unconverted convertible bonds as of June 30, 2025, is RMB 569,933,000, which accounts for 99.9882% of the total issuance [1][4]. Group 3: Recent Conversion Activity - From April 1, 2025, to June 30, 2025, there were no conversions of the convertible bonds into company stock, with a conversion amount of RMB 0 and a conversion quantity of 0 shares [3][4]. Group 4: Share Capital Changes - The total share capital remained unchanged at 142,012,027 shares, with no new shares issued from the convertible bond conversions [4][5].