Core Viewpoint - Jiangsu Jingyuan Environmental Protection Co., Ltd. has reported the conversion results of its convertible bonds, indicating significant conversion activity and adjustments in conversion prices over time [2][3][4][5][6][7]. Summary by Sections Convertible Bond Issuance Overview - The company issued 3.325 million convertible bonds with a total value of RMB 33.25 million on August 5, 2022, with a maturity of six years [3]. - The bonds began trading on the Shanghai Stock Exchange on August 25, 2022, under the name "Jingyuan Convertible Bonds" and code "118016" [3]. Conversion Situation - As of September 30, 2025, a total of RMB 164,950,000 has been converted into company shares, resulting in 18,229,867 shares, which is 16.8802% of the total shares before conversion [2][7]. - The remaining balance of unconverted bonds as of the same date is RMB 167,550,000, accounting for 50.3910% of the total issuance [2][7]. - In the third quarter of 2025, from July 1 to September 30, RMB 32,451,000 was converted into shares, totaling 4,696,138 shares, which is 4.3485% of the total shares before conversion [2][7]. Conversion Price Adjustments - The initial conversion price was set at RMB 13.93 per share, adjusted to RMB 13.90 following a stock incentive plan on October 31, 2022 [4]. - After the 2022 annual equity distribution, the conversion price was further adjusted to RMB 9.82 on June 9, 2023 [5]. - Subsequent adjustments occurred, with the conversion price set at RMB 9.79 on February 21, 2024, and RMB 6.91 on July 15, 2025, due to further equity distributions [5][6].
江苏京源环保股份有限公司可转债转股结果暨股份变动公告