Bank of Shanghai adjusts convertible bond price after interim dividend

Bank of Shanghai announced an adjustment to the conversion price of its A-share convertible bonds, known as "Shangyin Convertible Bonds," from 8.87 yuan per share to 8.57 yuan per share. This adjustment, effective October 16, 2025, follows the implementation of the company's 2025 interim profit distribution plan, which entails a cash dividend of 0.30 yuan per 10 shares (including tax) for ordinary A-share shareholders.

The dividend distribution, approved by the board on August 28, 2025, will use the total ordinary share capital on the equity registration date as the basis. The equity registration date for the dividend is October 15, 2025, with the ex-dividend date and cash dividend payment date both set for October 16, 2025. Trading of the "Shangyin Convertible Bonds" will be suspended from October 9 to October 15, 2025, resuming on October 16, 2025.

As of September 30, 2025, a cumulative total of 22.174 million yuan in "Shangyin Convertible Bonds" had been converted into 2,470,883 A-shares, representing 0.0174% of the company's total issued A-shares prior to the conversion. The remaining unconverted bonds amount to 19.977826 bn yuan, accounting for 99.8891% of the total issuance.