GDTC(SH:688186) Zheng Quan Zhi Xing·2025-07-16 08:12Summary of Key Points Core Viewpoint - The announcement details the cumulative conversion of "Guangda Convertible Bonds" into shares, indicating significant shareholder engagement and the company's financial strategy regarding its convertible debt instruments. Convertible Bond Issuance Overview - The company issued 15,500,000 convertible bonds on October 13, 2022, with a face value of 100 yuan each, totaling 1,550 million yuan, and the bonds are set to mature on October 12, 2028 [1][2]. Conversion Status - As of July 15, 2025, a total of 948.8 million yuan of "Guangda Convertible Bonds" has been converted into shares, resulting in 45,560,653 new shares, which is 21.27% of the company's total shares before conversion, which amounts to 214,240,000 shares [1][3][4]. - The remaining unconverted bonds amount to 601.2 million yuan, representing 38.79% of the total issuance [1][3]. Share Capital Changes - The total share capital increased from 228,244,562 shares to 251,800,653 shares due to the conversion of bonds, with the number of unrestricted circulating shares rising significantly [4]. Early Redemption Decision - The company’s board approved an early redemption of all outstanding "Guangda Convertible Bonds" at face value plus accrued interest, as disclosed in a separate announcement on July 15, 2025 [4].