Shanghai Pudong Development Bank sees increased convertible bond holdings

Shanghai Pudong Development Bank announced that Xinda Securities and Xinda Investment have increased their holdings of the company's convertible bonds. As of June 25, 2025, Xinda Securities, through its Xinfeng No. 1 single-asset management plan, has cumulatively increased its holdings of the company's convertible bonds by 117,852,490, representing 23.57% of the total issued amount. On June 26, 2025, these holdings were transferred to Xinda Investment's account. The convertible bonds, with the code "110059" and abbreviated as "浦发转债", were originally issued with a face value of CNY100 per bond, totaling CNY 50 billion. The issuance was approved by the China Securities Regulatory Commission (CSRC) under document number 证监许可[2019]1857. The bonds were listed on the Shanghai Stock Exchange on November 15, 2019.