SPDB announces convertible bond conversion results

Shanghai Pudong Development Bank (SSE: 600000) announced the results of its convertible bond conversion as of March 31, 2025. A total of CNY 1.44 million of "Pufa Convertible Bonds" have been converted into the company's ordinary shares, resulting in 98,599 new shares, representing 0.0003% of the total share capital before the conversion. As of the same date, the remaining outstanding amount of "Pufa Convertible Bonds" yet to be converted stands at CNY 49,998,560,000, accounting for 99.9971% of the total issuance. During the period from January 1, 2025, to March 31, 2025, CNY 9,000 of convertible bonds were converted, resulting in 694 shares. The current conversion price is CNY 12.92 per share.