Core Viewpoint - Suzhou Kedacom Technology Co., Ltd. has issued convertible bonds with a total amount of RMB 51.6 million, with a maturity of 6 years and a tiered interest rate structure [1][2]. Convertible Bond Issuance Overview - The company issued 5.16 million convertible bonds at a face value of RMB 100 each, totaling RMB 51.6 million, approved by the China Securities Regulatory Commission [1]. - The bonds have a tiered interest rate: 0.4% for the first year, 0.8% for the second year, 1% for the third year, 1.5% for the fourth year, 2% for the fifth year, and 3% for the sixth year [1]. Conversion Price Adjustments - The initial conversion price was set at RMB 14.88 per share, which has been adjusted multiple times, with the latest adjustment bringing it down to RMB 6.38 per share [2]. - The conversion price will further decrease to RMB 8.68 per share starting March 27, 2024, and to RMB 6.36 per share starting July 31, 2024 [3]. Conversion Status - As of June 30, 2025, a total of RMB 244.68 million of the convertible bonds have been converted into 38,266,871 shares, representing 7.7437% of the company's total shares before conversion [3][4]. - The remaining unconverted bonds amount to RMB 271.32 million, which is 52.58% of the total issued convertible bonds [3][4]. Share Capital Changes - The total share capital increased from 536,725,572 shares to 536,725,728 shares due to the conversion of bonds, with only 156 shares converted during the quarter from April 1, 2025, to June 30, 2025 [5].
苏州科达: 可转债转股结果暨股份变动公告