智通财经网·2025-10-13 13:05Core Viewpoint - China Mobile's subsidiary, Guangdong Mobile, will convert its holdings of SPDB's convertible bonds into shares, increasing its stake in SPDB to approximately 18.18% of the enlarged issued share capital [1] Group 1: Conversion Details - The total face value of the convertible bonds being converted is RMB 5,631,454,000, equivalent to approximately HKD 6,171,388,807 [1] - The conversion price is set at RMB 12.51 per share, which is about HKD 13.71 [1] - Following the conversion, Guangdong Mobile will hold a total of 5,785,049,019 shares of SPDB [1] Group 2: Strategic Implications - The conversion allows Guangdong Mobile to subscribe to SPDB's A-shares at a price comparable to market trading prices [1] - This move is expected to help SPDB supplement its core tier one capital, enhancing its capital strength and risk resilience [1] - The group aims to better share in the operational performance of SPDB through this strategic investment [1]