Xingqiu Graphite(SH:688633) Shang Hai Zheng Quan Bao·2025-10-09 21:31Core Viewpoint - The announcement details the conversion results of the "Xingqiu Convertible Bonds" and the changes in share capital of Nantong Xingqiu Graphite Co., Ltd, highlighting the limited conversion activity and the remaining unconverted bonds [2][7]. Summary by Sections Convertible Bond Issuance Overview - The company issued 6.2 million convertible bonds on July 31, 2023, with a total value of RMB 620 million, each with a face value of RMB 100 [3]. - The bonds have a maturity period of six years, from July 31, 2023, to July 30, 2029 [3]. - The initial conversion price was set at RMB 33.12 per share, which has been adjusted to RMB 23.14 per share as of the announcement date [3]. Conversion Situation - From July 1 to September 30, 2025, RMB 150,000 was converted into company shares, resulting in 6,387 shares [2][7]. - As of September 30, 2025, a total of RMB 165,000 has been converted, equating to 7,022 shares, which is 0.00489% of the company's total shares before conversion [2][7]. - The remaining unconverted bonds amount to RMB 6,198.35 million, representing 99.97339% of the total issuance [2][7]. Share Capital Changes - The announcement includes details on the adjustments to the conversion price due to various corporate actions, including stock incentive plans and annual profit distributions [4][5][6].