Chunqiu ET(SH:603890) Shang Hai Zheng Quan Bao·2025-11-07 21:07Core Points - The company announced the conversion and redemption results of its convertible bonds, "Chunqiu Convertible Bonds," indicating a significant conversion into A-shares and the completion of the redemption process [2][4][8] Group 1: Conversion Details - As of the redemption registration date (November 6, 2025), a total of RMB 239,665,000 worth of "Chunqiu Convertible Bonds" has been converted into 22,524,112 shares, representing 5.8538% of the company's total shares before conversion [2][14] - From October 1, 2025, to the redemption registration date, RMB 131,900,000 worth of bonds were converted into 12,561,287 shares [3][14] Group 2: Redemption Information - The remaining balance of unconverted "Chunqiu Convertible Bonds" as of the redemption registration date was RMB 335,000, accounting for 0.1971% of the total issuance [4][13] - The total redemption amount paid out was RMB 340,698.35, including accrued interest, with the redemption payment date set for November 7, 2025 [4][16] Group 3: Bond Issuance Overview - The company issued 2.4 million convertible bonds on April 14, 2020, with a total value of RMB 24 million and a maturity of six years [5] - The initial conversion price was set at RMB 15.69 per share, which has been adjusted multiple times due to profit distributions and other factors, with the latest adjustment bringing it to RMB 10.50 per share [7][12] Group 4: Impact on Company Structure - Following the redemption, the company's total share capital increased to 455,944,211 shares, which may temporarily dilute earnings per share but is expected to enhance the company's capital strength for sustainable development [16]