Bank of Shanghai announces convertible bond conversion results

Shanghai Bank (SSE:601229) announced that a total of CNY 1,828,000 of its "Shangyin Convertible Bonds" had been converted into A-shares as of March 31, 2025, resulting in the issuance of 177,349 new shares. This represents 0.0012% of the bank's total A-share capital prior to the conversion. From January 1, 2025, to March 31, 2025, CNY 111,000 of convertible bonds were converted to 12,210 shares. As of the same date, CNY 19,998,172,000 of the convertible bonds remained outstanding, accounting for 99.9909% of the total issued amount. Following the conversion, the number of unlimited tradable shares increased by 12,210 to 14,206,706,049. The total share capital stands at 14,206,706,049.