KDL(SZ:002850) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-06 08:03Group 1 - The company issued convertible bonds totaling RMB 153,437.05 million, with a net amount of RMB 151,510.44 million after deducting issuance costs [1][2] - The initial conversion price of the convertible bonds was set at RMB 159.35 per share, which has been adjusted multiple times due to stock options and dividend distributions [4][5][6] - The conversion period for the bonds started on January 16, 2023, and will end on July 7, 2028 [3] Group 2 - The conversion price was adjusted to RMB 159.22 per share on January 18, 2023, and further adjusted to RMB 158.92 on May 19, 2023, following a cash dividend distribution [4][5] - A significant adjustment occurred on August 15, 2023, reducing the conversion price to RMB 152.20 per share due to a stock issuance of 33,471,626 shares [6] - The conversion price will be further adjusted to RMB 150.70 per share on May 24, 2024, and to RMB 148.70 per share on May 30, 2025, following additional dividend distributions [7][8] Group 3 - As of the fourth quarter of 2025, the company completed a total of 1,193 shares in bond conversions, with a remaining convertible bond amount of RMB 1,534,180,000 [9] - The total share capital increased by 1,170,695 shares during the same period, primarily due to stock option exercises and bond conversions [10]