重庆再升科技股份有限公司

Core Viewpoint - The announcement details the conversion and redemption of the "再22转债" (Zai 22 Convertible Bonds) issued by Chongqing Zai Sheng Technology Co., Ltd, highlighting the bond's conversion into common stock and the upcoming redemption process. Group 1: Convertible Bond Conversion Status - As of January 13, 2026, a total of RMB 434,004,000 worth of "再22转债" has been converted into 102,795,879 shares of common stock, representing 10.06% of the company's total shares before conversion [2][9] - The remaining unconverted "再22转债" amounts to RMB 75,994,000, which is 14.90% of the total issuance [2][9] Group 2: Convertible Bond Issuance and Listing - The company issued 5.1 million convertible bonds on September 29, 2022, with a total value of RMB 51 million and a maturity of six years [2][3] - The bonds were listed on the Shanghai Stock Exchange on October 27, 2022, under the code "113657" [3] Group 3: Conversion Price Adjustments - The initial conversion price was set at RMB 6.04 per share, which has been adjusted multiple times due to annual profit distributions, with the current price at RMB 4.22 per share [4][6] - The conversion price was adjusted down to RMB 4.25 per share following a board resolution on January 15, 2025, due to market conditions [6] Group 4: Redemption Details - The redemption date is set for January 20, 2026, with a redemption price of RMB 100.4685 per bond [13][21] - The last trading day for the bonds is January 15, 2026, and they will be delisted from the Shanghai Stock Exchange on January 21, 2026 [15][26] Group 5: Shareholder Impact - The total share capital of the company increased from 1,087,999,038 shares to 1,124,437,207 shares due to the conversion of bonds, resulting in dilution for existing shareholders [10]