Core Viewpoint - Shanghai Zhengfan Technology Co., Ltd. has reported the results of its convertible bond conversion, indicating minimal conversion activity since the issuance of the "Zhengfan Convertible Bonds" in 2025, with a significant majority remaining unconverted [2][5]. Group 1: Convertible Bond Issuance Overview - The company issued 10,410,950 convertible bonds with a total value of RMB 1,041,095,000, each with a face value of RMB 100, on March 18, 2025, with a maturity of six years [3]. - The bonds were listed for trading on the Shanghai Stock Exchange starting April 3, 2025, under the name "Zhengfan Convertible Bonds" and code "118053" [3]. Group 2: Conversion Status - From September 24, 2025, to December 31, 2025, a total of RMB 26,000 worth of "Zhengfan Convertible Bonds" was converted into 659 shares, representing 0.0002% of the company's total shares before conversion [2]. - During the fourth quarter of 2025, from October 1 to December 31, RMB 7,000 worth of bonds were converted into 179 shares, accounting for 0.0001% of the total shares before conversion [5]. Group 3: Unconverted Bonds - As of December 31, 2025, the amount of unconverted "Zhengfan Convertible Bonds" stood at RMB 1,041,069,000, which is 99.9975% of the total issuance [2][5]. Group 4: Share Capital Changes - The company experienced a change in share capital due to stock option exercises, resulting in an increase of 1,207,000 shares [6].
上海正帆科技股份有限公司可转债转股结果暨股份变动公告