Ge Long Hui·2025-10-30 13:27Core Viewpoint - Zoomlion Heavy Industry Science and Technology Co., Ltd. plans to issue convertible bonds worth up to RMB 6 billion (approximately HKD 6.58 billion) to enhance its capital structure and support future growth initiatives [1][2]. Group 1: Bond Issuance - The company’s board has resolved to issue convertible bonds with a principal amount not exceeding RMB 60 billion [1]. - The bonds can be converted into H-shares with a par value of RMB 1 each [1]. - The issuance is subject to approval at an extraordinary general meeting and class shareholder meetings [1]. Group 2: Financial Performance - In the third quarter, Zoomlion reported a net profit of approximately RMB 1.156 billion, representing a year-on-year increase of 35.8% [2].