Longi(SH:601012) Shang Hai Zheng Quan Bao·2025-10-09 20:28Core Points - The company announced the results of the conversion of its convertible bonds, with a total of 4,653,000 yuan of "Long 22 Convertible Bonds" converted into 86,588 shares of the company's stock as of September 30, 2025, representing 0.001% of the total shares issued before the conversion [1][4] - As of September 30, 2025, the amount of unconverted convertible bonds stands at 6,994,768,000 yuan, accounting for 99.93% of the total issuance [1][4] - In the third quarter of 2025, a total of 178,000 yuan of "Long 22 Convertible Bonds" was converted into 9,938 shares of the company's stock [1][4] Convertible Bond Issuance Overview - The company publicly issued 70 million convertible bonds on January 5, 2022, with a total amount of 700,000 million yuan and a maturity of 6 years [2] - The initial conversion price was set at 82.65 yuan per share, which has been adjusted multiple times, with the latest conversion price being 17.50 yuan per share [2][4] Conversion Price Adjustments - The conversion price was adjusted from 82.65 yuan to 58.85 yuan due to a profit distribution and capital reserve increase on June 6, 2022 [2] - Further adjustments were made due to stock option plans and annual profit distributions, with the conversion price reaching 58.28 yuan before being significantly reduced to 17.50 yuan effective March 11, 2025 [3][4]