智通财经网·2026-01-20 00:18Core Viewpoint - Company plans to issue USD 1.2 billion convertible bonds through its indirect subsidiary CMOC Capital, with a conversion price of HKD 28.03 per share, potentially increasing its H-share capital by approximately 8.48% [1][2] Group 1: Bond Issuance Details - The company intends to issue guaranteed convertible bonds that can be converted into H-shares at an initial conversion price of HKD 28.03 per share [1] - If fully converted, the bonds will result in approximately 334 million new H-shares, representing about 8.48% of the existing H-shares and 1.56% of the total issued shares [1] - The conversion will increase the total issued H-shares by approximately 7.82% and the total issued shares by about 1.54% post-conversion [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance, estimated at approximately USD 1.188 billion after deducting commissions and other expenses, will be used to support the expansion, optimization, and ongoing capital expenditures of the company's overseas resource projects [2] - The funds will also enhance the company's operational flexibility and be allocated for general corporate purposes [2]