Huate Gas(SH:688268) Zheng Quan Zhi Xing·2025-07-02 16:14Core Viewpoint - The announcement details the conversion results of the company's convertible bonds, highlighting the limited conversion activity and the remaining unconverted bonds. Group 1: Conversion Status - As of June 30, 2025, a total of RMB 100,000 has been converted into company shares, resulting in 1,189 shares, which is 0.00099% of the total shares before conversion [1] - From April 1, 2025, to June 30, 2025, RMB 49,000 was converted into shares, amounting to 588 shares, which is 0.00049% of the total shares before conversion [2][6] Group 2: Convertible Bond Issuance Overview - The company issued 6,460,000 convertible bonds at a face value of RMB 100 each, raising a total of RMB 646 million, with a net amount of RMB 638.18 million after expenses [2] - The bonds have a term of six years, from March 21, 2023, to March 20, 2029 [2] Group 3: Conversion Price Adjustments - The conversion price was adjusted to RMB 83.81 per share starting July 6, 2023, due to the completion of the 2021 restricted stock incentive plan [2] - The conversion price will be further adjusted to RMB 82.72 per share on July 3, 2025, following the completion of the 2023 restricted stock incentive plan [5] Group 4: Share Capital Changes - As of June 30, 2025, the total share capital decreased to 120,304,849 shares after accounting for the conversion and the repurchase of restricted shares [6]