Autowell(SH:688516) Shang Hai Zheng Quan Bao·2025-10-09 20:39Core Viewpoint - The announcement details the status of the convertible bonds issued by Wuxi Autowell Technology Co., Ltd., highlighting the lack of conversion activity during the specified period and the significant amount of unconverted bonds remaining. Group 1: Convertible Bond Issuance Overview - The company issued 11.4 million convertible bonds on August 10, 2023, with a total fundraising amount of RMB 1,140 million, netting RMB 1,132.91 million after expenses [2] - The bonds were listed on the Shanghai Stock Exchange on September 1, 2023, under the name "Aowei Convertible Bonds" with the code "118042" [3] Group 2: Conversion Status - From July 1, 2025, to September 30, 2025, there were no conversions of the "Aowei Convertible Bonds" [1] - As of September 30, 2025, a total of RMB 50,000 had been converted into 487 shares, representing 0.000154% of the total shares before conversion [1] - The amount of unconverted convertible bonds as of September 30, 2025, was RMB 1,139,950,000, accounting for 99.995614% of the total issuance [1][10] Group 3: Conversion Price Adjustments - The initial conversion price was set at RMB 180.90 per share, which was adjusted to RMB 180.74 on November 2, 2023, and further adjusted to RMB 124.65 on November 17, 2023, following a capital reserve increase [4] - Subsequent adjustments to the conversion price occurred on various dates, with the latest adjustment on September 26, 2025, bringing the price to RMB 84.44 per share [10]