Shang Hai Zheng Quan Bao·2025-07-01 21:23Core Points - The announcement details the conversion of the company's convertible bonds and the changes in its share capital as of the second quarter of 2025 [2][5]. Group 1: Convertible Bond Issuance - The company issued 7.18 million convertible bonds with a total value of 718 million yuan, approved by the China Securities Regulatory Commission [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on January 19, 2021, under the name "New Dairy Convertible Bonds" with the code "128142" [2]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 18.69 yuan per share, which has been adjusted multiple times due to various corporate actions, with the latest adjustment bringing it to 17.95 yuan per share as of June 26, 2025 [3][5]. - Adjustments were made on several occasions due to the implementation of stock incentive plans and annual profit distribution [3][4][5]. Group 3: Conversion and Share Changes - In the second quarter of 2025, the company experienced a reduction in convertible bond amounts by 53,700 yuan, with a total of 537 bonds converted into 2,948 shares [5]. - As of June 30, 2025, the remaining amount of convertible bonds was 717.8864 million yuan, with 7.178864 million bonds still outstanding [5].