Jinko Power(SH:601778) Xin Lang Cai Jing·2025-07-01 21:41Core Points - The announcement details the conversion results of the company's convertible bonds, indicating a total of 704,171,000 yuan has been converted into company shares, resulting in 128,970,821 shares, which is 4.66% of the total shares before conversion [2][8] - As of June 30, 2025, the amount of unconverted convertible bonds stands at 2,295,815,000 yuan, representing 76.53% of the total issuance [2][8] Convertible Bond Issuance Overview - The company issued 30 million convertible bonds on April 23, 2021, with a total value of 30 billion yuan and a maturity of six years, featuring a tiered interest rate structure [3][4] - The bonds were listed on the Shanghai Stock Exchange on May 31, 2021, under the name "Jinko Convertible Bonds" with the code "113048" [4] Conversion Price Adjustments - The initial conversion price was set at 6.75 yuan per share, which has been adjusted multiple times, currently standing at 5.24 yuan per share as of June 30, 2025 [5][6][7] - Adjustments were made due to various corporate actions, including rights distributions and a private placement of shares [6][7] Conversion Activity - From April 1 to June 30, 2025, a total of 10,000 yuan of convertible bonds were converted into 1,903 shares [2][8] - The cumulative conversion since the start of the conversion period on October 29, 2021, has resulted in 128,970,821 shares being issued [8] Redemption Situation - As of June 30, 2025, a total of 140 bonds have been redeemed under the redemption clause, amounting to 14,041.60 yuan, which has been fully canceled [7]