Ge Long Hui·2026-02-11 10:26Core Viewpoint - Tianqi Lithium Industries (09696.HK) has successfully completed the issuance of bonds totaling RMB 2.6 billion, with all conditions of the revised subscription agreement met [1] Group 1: Bond Issuance Details - The bonds were issued on February 11, 2026, and can be converted into H-shares under specified terms, with an initial conversion price set at HKD 51.85 per share [1] - If the bonds are fully converted at the initial conversion price, they will convert into approximately 56,481,896 H-shares [1] Group 2: Financial Implications - The total proceeds from the bond issuance amount to approximately HKD 2.929 billion, with the net proceeds (after deducting related commissions) expected to be around HKD 2.907 billion [1] - The net price per converted share, based on the initial conversion price, is approximately HKD 51.46 [1] - The net proceeds from the bond issuance are anticipated to be fully utilized by December 31, 2027 [1]