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Yifeng Pharmacy Chain adjusts convertible bond conversion price

September 16, 2025 at 08:40 AM UTCBy FilingReader AI

Yifeng Pharmacy Chain Co., Ltd. announced a change to the conversion price of its "Yifeng Convertible Bond" from 32.14 yuan per share to 31.84 yuan per share, effective September 17, 2025. This adjustment follows the company's 2025 half-yearly equity and profit distribution plan, which includes a cash dividend of 0.30 yuan per share (including tax) to all shareholders. The record date for this distribution is September 16, 2025.

Citic Securities Co., Ltd., acting as the bond trustee, issued a provisional trustee management report to inform investors of this event. The report confirms the adjustment adheres to the convertible bond's prospectus and is not expected to materially impact the company's daily operations, production, business, or solvency.

The "Yifeng Convertible Bond" was initially issued on March 4, 2024, with a total value of 1,797,432,000 yuan, and is listed on the Shanghai Stock Exchange. The bond has a six-year term, maturing on March 3, 2030, with an initial conversion price of 39.85 yuan per share, which has been subject to multiple adjustments due to previous equity distributions.

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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