Xianhe announces convertible bond conversion results

Xianhe Co., Ltd. (SSE:603733) announced the results of its convertible bond conversion. As of March 31, 2025, a total of CNY 108,000 of "He 21 Convertible Bonds" have been converted into 3,848 company shares, representing 0.00055% of the company's issued share capital before the conversion. During the quarter from January 1, 2025, to March 31, 2025, CNY 1,000 of bonds were converted into 51 shares, accounting for 0.00001% of the pre-conversion share capital. The remaining amount of "He 21 Convertible Bonds" yet to be converted stands at CNY 2,049,891,000, which is 99.9947% of the total issued convertible bonds. The company's total share capital after the latest conversion is 705,976,114 shares. The conversion price is currently CNY 19.49 per share, adjusted from an initial price of CNY 39.09 per share since the bonds became convertible on May 23, 2022.