JA SOLAR(SZ:002459) Zheng Quan Zhi Xing·2025-07-02 16:37Core Points - The announcement details the conversion results of the company's convertible bonds for the second quarter of 2025, indicating a total of RMB 10,000 worth of "Jingao Convertible Bonds" converted into 260 shares of the company's stock [1][4] - As of June 30, 2025, a total of RMB 1,053,300 worth of "Jingao Convertible Bonds" has been converted into 27,164 shares, representing 0.0008% of the company's total issued ordinary shares prior to the conversion [1][4] - The remaining unconverted "Jingao Convertible Bonds" amount to RMB 8,959,254,400, which constitutes 99.9882% of the total issuance [1][4] Convertible Bond Basic Information - The company issued 89,603,077 convertible bonds on July 18, 2023, with a face value of RMB 100 each, raising a total of RMB 8,960,307,700 [2] - The net proceeds from the issuance, after deducting related expenses, amounted to RMB 8,933,848,025.97 [2] - The bonds are listed on the Shenzhen Stock Exchange under the name "Jingao Convertible Bonds" with the code "127089" [2] Conversion Period and Price Adjustments - The conversion period for the "Jingao Convertible Bonds" is from January 24, 2024, to July 17, 2029, with an initial conversion price set at RMB 38.78 per share [2][3] - The conversion price was adjusted to RMB 38.74 per share effective October 18, 2023, and further adjusted to RMB 38.22 per share effective May 30, 2024 [3] Share Changes - From April 1, 2025, to June 30, 2025, the company's total share capital increased by 260 shares due to the conversion of bonds [4] - The total share capital before the conversion was 3,309,679,284 shares, which increased to 3,309,679,544 shares after the conversion [4] - The proportion of restricted shares remained at 0.13%, while the proportion of unrestricted shares was 99.87% after the conversion [4]