Core Points - The announcement details the conversion of the company's convertible bonds in the third quarter of 2025, highlighting a significant reduction in bond quantity and an increase in the number of shares outstanding [2][10]. Group 1: Convertible Bond Issuance and Details - The company issued 15,000,000 convertible bonds with a total value of 150,000 million RMB, approved by the China Securities Regulatory Commission [3]. - The bonds were listed on the Shenzhen Stock Exchange on November 26, 2021, under the name "帝欧转债" and code "127047" [4]. Group 2: Conversion and Share Capital Changes - In the third quarter of 2025, the conversion of "帝欧转债" resulted in a decrease of 5,260,815 bonds (amounting to 526,081,500.00 RMB) and an increase of 103,152,561 new shares [2][10]. - As of September 30, 2025, the remaining number of convertible bonds was 8,436,894, with a total value of 843,689,400.00 RMB [11]. Group 3: Shareholder Impact - The actual controller's shareholding was diluted from 27.89% to 27.41% due to the conversion, although this dilution did not reach a 1% integer threshold [2][10]. Group 4: Share Buyback Progress - The company has initiated a share buyback program, with a maximum of 16,700,000 shares to be repurchased at a price not exceeding 8.40 RMB per share, with the buyback period extended to January 10, 2026 [15][16]. - As of September 30, 2025, the company repurchased 10,030,907 shares, representing 1.95% of the total share capital, with a total transaction amount of 62,854,167.51 RMB [17].
帝欧水华集团股份有限公司关于2025年第三季度可转换公司债券转股情况的公告