Group 1 - The company announced the completion of a $300 million private placement of Series B convertible preferred shares to Huatai Capital Investment Co., Ltd. on February 6, 2026 [1] - The conversion price for the preferred shares is approximately $54.43 per GDS, representing a premium of about 17.5% over the closing price on January 30, 2026, and a 30.9% premium over the volume-weighted average price for the 30 trading days prior to the signing date [1] - Holders of the convertible preferred shares will have voting rights equivalent to the number of A-class ordinary shares they can convert into, allowing them to vote at shareholder meetings alongside ordinary shareholders [1] Group 2 - Upon full exercise of the conversion rights attached to the preferred shares, approximately 5.5121 million GDS (or 44.0966 million ordinary shares) will be issued, representing 2.6% of the total shares outstanding as of the announcement date [2] - The total voting rights associated with the shares will be 2.7%, 1.8%, and 1.2% at conversion ratios of 1:1, 1:20, and 1:50 between A-class and B-class shares, respectively [2]

Core Viewpoint - The company, GDS Holdings Limited, has completed a private placement of $300 million in Series B convertible preferred shares to Huatai Capital Investment Co., Ltd., which will be convertible into Class A ordinary shares at a conversion price of approximately $54.43 per GDS American Depositary Share, representing a premium of about 17.5% over the closing price on January 30, 2026 [1] Group 1 - The convertible preferred shares can be converted into approximately 5.5121 million American Depositary Shares (or 44.0966 million ordinary shares), which represents 2.6% of the total shares outstanding as of the announcement date [2] - The voting rights associated with the convertible preferred shares will equal the number of Class A ordinary shares into which they can be converted, allowing holders to vote at shareholder meetings alongside ordinary shareholders [1]

Core Viewpoint - The company, Kaizhi Le International (02122), announced that it will issue 250 million new ordinary shares to Asian Glory Holdings Limited, its controlling shareholder, following a conversion notice received on January 23, 2026 [1] Group 1 - Asian Glory Holdings Limited holds 250 million convertible preferred shares in the company, which will be converted into ordinary shares [1] - The conversion will result in the issuance of 250 million new ordinary shares, which will rank equally with existing ordinary shares [1] - After the issuance, the new ordinary shares will represent approximately 18.44% of the enlarged issued share capital of the company [1]

Core Viewpoint - Chenggang Technology (08131) announced the conversion of 124 million convertible preferred shares into ordinary shares on September 24, 2025 [1] Group 1 - The company will convert a total of 124 million shares [1]