BAIRUN CORPORATION(SZ:002568) Shang Hai Zheng Quan Bao·2025-10-09 20:55Core Viewpoint - The announcement details the conversion situation of the company's convertible bonds, including issuance, listing, and adjustments to the conversion price over time [1][2][3][5]. Group 1: Convertible Bond Issuance and Listing - The company issued 11.28 million convertible bonds with a total value of 112.8 million yuan, each with a face value of 100 yuan, approved by the China Securities Regulatory Commission [1]. - The bonds were listed on the Shenzhen Stock Exchange on November 3, 2021, under the name "百润转债" and code "127046" [2]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 66.89 yuan per share, which was adjusted to 66.83 yuan on January 24, 2022, and further adjusted to 47.44 yuan on June 16, 2022, following the company's equity distribution [3]. - The conversion price was adjusted to 47.45 yuan on July 19, 2023, and subsequently to 46.95 yuan on August 25, 2023, after the completion of the company's half-year equity distribution [5]. Group 3: Conversion Situation - In the third quarter of 2025, the company saw a reduction of 414 bonds (valued at 41,400 yuan) due to conversions, resulting in a total of 881 shares converted [5]. - As of September 30, 2025, the remaining convertible bonds amounted to 11,274,695 bonds, with a total value of 1,127,469,500 yuan [5]. Group 4: Corporate Changes - The company completed the registration of changes in its business license, reducing its registered capital from 1,049,368,955 yuan to 1,048,548,555 yuan, following the approval of stock repurchase and amendments to the articles of association [7].