Core Viewpoint - The announcement from Qibin Group indicates that as of November 26, 2025, a total of 1.338 billion yuan of "Qibin Convertible Bonds" has been converted into the company's A-shares, resulting in a total conversion of 246 million shares, which accounts for 9.16% of the total shares issued by the company before the conversion [1] Summary by Sections - Convertible Bonds Conversion - As of November 26, 2025, 1.338 billion yuan of "Qibin Convertible Bonds" has been converted into A-shares [1] - The total number of shares converted amounts to 246 million [1] - This conversion represents 9.16% of the total shares issued by the company prior to the conversion [1] - Impact on Shareholding Structure - From November 20 to November 26, 2025, a total of 74.977 million shares were converted [1] - The total share capital of the company has increased as a result of this conversion [1] - The shareholding ratio of the controlling shareholder, Fujian Qibin, and actual controllers Yu Qibin and his associates Yu Yong and Ningbo Qibin has been diluted from 38.97% to 37.97% [1] - There is no change in the number of shares held, and this will not lead to a change in the largest shareholder or actual controller [1]
旗滨集团:可转债转股致控股股东等持股比例被动稀释至37.97%