China Hongqiao Group's issued share capital grows significantly in August
China Hongqiao Group Limited saw a notable increase in its total number of issued shares, rising to 9,592,962,226 by the end of August 2025, up from 9,494,418,601 at the close of the preceding month. This represents a net increase of 98,543,625 ordinary shares. The total authorized/registered share capital for the company remains at $200,000,000, comprising 20,000,000,000 ordinary shares with a par value of $0.01 each.
The increase was primarily driven by the conversion of convertible bonds. During the month, 95,600,000 of the 5.25% convertible bonds due 2026 were converted, resulting in the issuance of 130,490,625 new ordinary shares. Following these conversions, $53,400,000 of these bonds remained outstanding, with 72,889,119 shares that may still be issued. The 1.50% convertible bonds due 2030 remained at $300,000,000 outstanding, with a potential 120,432,334 shares yet to be issued.
In parallel, the company conducted several share repurchases and redemptions totaling 31,947,000 ordinary shares that were cancelled. Additionally, 21,531,000 shares were repurchased for cancellation but had not yet been cancelled by month-end.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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