EMT(SH:601208) Zheng Quan Zhi Xing·2025-08-26 10:24Core Points - The company announced that the cumulative conversion of "Dongcai Convertible Bonds" has reached 10% of the total shares before conversion as of August 25, 2025, with a total of 97,751,014 shares converted, representing 10.6516% of the company's total share capital of 917,710,612 shares [1][5] - The total amount of "Dongcai Convertible Bonds" that has not been converted is 272,915,000 yuan, accounting for 19.4939% of the total issuance [1][5] - The convertible bonds were issued on November 16, 2022, with a total of 1.4 million bonds at a face value of 100 yuan each, totaling 140 million yuan, with a maturity of 6 years [2][5] Convertible Bond Issuance Overview - The "Dongcai Convertible Bonds" were approved by the China Securities Regulatory Commission and listed on the Shanghai Stock Exchange [2] - The initial conversion price was set at 11.75 yuan per share, effective from May 22, 2023 [2] - The conversion price has been adjusted multiple times due to profit distribution, with the latest adjustment to 11.53 yuan per share effective from June 17, 2025 [3][5] Share Capital Changes - The total share capital before the conversion was 896,784,623 shares, which increased to 994,528,126 shares after the conversion [6] - The shareholding percentages of major shareholders have decreased due to the increase in total share capital following the conversion [6] Shareholder Rights Changes - The actual controller and associated parties' shareholding ratios have been affected by the conversion, with the total shareholding percentage dropping from 26.6891% to 24.0661% [6]