LTTC(SZ:000726) Shang Hai Zheng Quan Bao·2025-10-09 21:25Core Viewpoint - The announcement details the conversion of convertible bonds issued by Lutai Textile Co., Ltd., including the adjustment of conversion prices and the status of bond conversions as of the third quarter of 2025 [1][2][11]. Convertible Bond Issuance - Lutai Textile issued 14 million convertible bonds with a total value of 1.4 billion RMB, each with a face value of 100 RMB, approved by the China Securities Regulatory Commission on April 9, 2020 [2][3]. Conversion Price Adjustments - The initial conversion price was set at 9.01 RMB per share, which has undergone several adjustments: - Adjusted to 8.91 RMB on July 9, 2020 [4] - Adjusted to 8.76 RMB on June 7, 2021 [5] - Adjusted to 8.71 RMB on June 18, 2021 [5] - Adjusted to 8.68 RMB on March 22, 2022 [6] - Adjusted to 8.61 RMB on June 23, 2022 [7] - Adjusted to 8.73 RMB on May 26, 2023 [7] - Adjusted to 8.63 RMB on June 16, 2023 [8] - Adjusted to 8.87 RMB on March 4, 2024 [9] - Adjusted to 8.74 RMB on June 19, 2024 [9] - Adjusted to 8.64 RMB on November 8, 2024 [10] - Adjusted to 8.59 RMB on December 19, 2024 [10] - Adjusted to 8.49 RMB on June 20, 2025 [11] Conversion and Share Changes - From July 1, 2025, to the end of the third quarter of 2025, the company experienced a reduction of 1,200 RMB in convertible bonds, resulting in a decrease of 12 bonds and a conversion of 141 shares. As of the end of the third quarter, the remaining amount of convertible bonds was approximately 1.4 billion RMB, with 13,998,400 bonds still outstanding [11].