Ge Long Hui A P P·2025-10-13 13:13Core Viewpoint - China Mobile announced that Guangdong Mobile will exercise its conversion rights to convert a total of RMB 5.631 billion (approximately HKD 6.171 billion) of SPDB A-share convertible bonds into 450 million SPDB A-shares at a conversion price of RMB 12.51 (approximately HKD 13.71) per share by October 13, 2025 [1] Group 1 - The conversion allows Guangdong Mobile to subscribe to SPDB A-shares at a price comparable to market trading prices [1] - This move will help SPDB to supplement its core tier one capital, enhancing its capital strength and risk resilience [1] - The board believes that the terms and conditions of the conversion are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]