Core Points - The company, CITIC Special Steel, has issued convertible bonds totaling RMB 500 million with a maturity of six years [1][2] - The initial conversion price of the bonds was set at RMB 25.00 per share, which has been adjusted multiple times due to equity distributions [3] - As of June 30, 2025, the remaining balance of the convertible bonds is RMB 4,999,646,200 [4] Summary by Sections Convertible Bond Issuance - The company has successfully issued 5 million convertible bonds, each with a face value of RMB 100, raising a total of RMB 500 million [2] - After deducting various fees, the net proceeds from the issuance amount to approximately RMB 4.98 billion [2] Listing and Trading - The convertible bonds were listed on the Shenzhen Stock Exchange on April 15, 2022, under the name "中特转债" and the code "127056" [2] Conversion Terms - The conversion period for the bonds started on September 5, 2022, and will end on February 24, 2028 [2] - The conversion price has been adjusted from RMB 25.00 to RMB 22.94 due to annual equity distributions [3] Share Capital Changes - As of June 30, 2025, the total number of shares has slightly increased due to the conversion of bonds, with the total share capital remaining at 5,047,157,520 shares [5]
中信特钢: 关于2025年第二季度可转债转股情况的公告