Group 1 - The company Shanghai Bairun Investment Holding Group Co., Ltd. issued 11.28 million convertible bonds with a total amount of 1.128 billion yuan, approved by the China Securities Regulatory Commission [1][2] - The initial conversion price of the "Bairun Convertible Bonds" was set at 66.89 yuan per share, which has undergone several adjustments over time [2][4] - As of June 30, 2025, the remaining convertible bonds amounted to 11,275,109 units, with a total value of 1,127,510,900 yuan [2][5] Group 2 - The conversion price of the "Bairun Convertible Bonds" has been adjusted multiple times, with the latest adjustment setting it at 46.66 yuan per share effective from June 5, 2025 [2][4] - The total share capital of the company remains at 1,049,368,955 shares, with the changes attributed to the lock-up of shares by directors and supervisors [5][6] - The conversion period for the convertible bonds is from April 12, 2022, to September 28, 2027 [4][6]

Core Viewpoint - The company, Shanghai Bairun Investment Holding Group Co., Ltd., announces the suspension of the conversion of its convertible bonds during the implementation of the 2024 annual equity distribution, with the resumption of conversion set for the first trading day after the equity registration date [1][4]. Group 1 - The suspension of the conversion of the convertible bonds (Bairun Convertible Bonds; bond code: 127046) will take place from May 22, 2025, until the equity registration date for the 2024 annual equity distribution [1][4]. - The resumption of the conversion will occur on the first trading day following the equity registration date [1]. - The convertible bonds will continue to trade normally during the suspension period [2].

Group 1 - The company issued 11.28 million convertible bonds with a total value of 1.128 billion yuan, with an initial conversion price of 66.89 yuan per share [1][2][3] - The conversion price has been adjusted multiple times, currently standing at 46.96 yuan per share as of July 30, 2024 [3][5][4] - As of the first quarter of 2025, there were no conversions of the bonds, leaving 11,275,119 bonds remaining, valued at 1.127 billion yuan [5][4] Group 2 - The bonds were approved by the China Securities Regulatory Commission and began trading on November 3, 2021 [2][1] - The company has a structured process for adjusting the conversion price based on stock incentives and other corporate actions [3][5] - The company has provided additional resources for investors to understand the bond issuance and related details [5][6]