山鹰国际控股股份公司可转债转股结果暨股份变动公告

Core Viewpoint - The announcement details the conversion results and share changes related to the "Eagle 19 Convertible Bonds" issued by the company, highlighting the low conversion rate and the significant amount of unconverted bonds. Group 1: Conversion Situation - As of June 30, 2025, a total of 16,173,000 yuan of "Eagle 19 Convertible Bonds" has been converted into the company's A-shares, with a total conversion amount of 16,172,000 yuan and a repurchase amount of 1,000 yuan. The cumulative number of shares converted is 4,999,569, accounting for 0.11% of the total ordinary shares issued before the conversion [2][6]. - The amount of "Eagle 19 Convertible Bonds" that has not been converted as of June 30, 2025, is 1,843,827,000 yuan, which represents 99.13% of the total issuance [2][6]. - During the quarter from April 1 to June 30, 2025, 25,000 yuan of "Eagle 19 Convertible Bonds" were converted into A-shares, resulting in a total of 14,201 shares, all sourced from the company's repurchase special securities account [2][6]. Group 2: Issuance Overview - The "Eagle 19 Convertible Bonds" were approved by the China Securities Regulatory Commission and issued on December 13, 2019, with a total scale of 1.86 billion yuan and a maturity of 6 years [3]. - The bonds were listed on the Shanghai Stock Exchange starting January 3, 2020, under the code "110063" [3]. Group 3: Conversion Price Adjustments - The initial conversion price was set at 3.30 yuan per share, which has undergone several adjustments due to various corporate actions, including rights distributions and share repurchases, with the latest adjustment bringing the price down to 1.76 yuan per share effective March 10, 2025 [4][5].