云南白药集团股份有限公司关于认购云白国际有限公司可换股债券的进展公告

Core Viewpoint - Yunnan Baiyao Group Co., Ltd. has approved the conversion of HKD 500 million convertible bonds into shares of Yunbai International Limited, ensuring compliance with public shareholding requirements [2][3]. Group 1 - The company held a board meeting on October 29, 2024, where it approved the handling of the convertible bonds issued by Yunbai International [2]. - The company will exercise its right to convert the HKD 500 million convertible bonds into shares once the public shareholding requirements are met [2][3]. - The conversion will result in the issuance of 1,937,984,496 shares at a conversion price of HKD 0.258 per share, representing approximately 25.50% of Yunbai International's total shares before conversion and about 20.32% after conversion [3]. Group 2 - After the conversion, Yunnan Baiyao will hold a total of 3,846,009,856 shares in Yunbai International, with the converted shares being held by Shanghai International Trust Co., Ltd. on behalf of Yunnan Baiyao [3]. - The company will follow a defined plan and operational procedures for subsequent matters related to the trust products involved in the conversion [4].