JCHX Mining completes new convertible bond issuance, reports Q3 conversions

JCHX Mining Management has completed the public issuance of its "Jin 25 convertible bonds," with a total value of 2 billion yuan. Approved by the China Securities Regulatory Commission, the issuance saw original shareholders preferentially allotted 1.47 bn yuan. Online public investors subscribed for 515.52 m yuan, and joint lead underwriters covered the remaining 12.12 m yuan.

Concurrently, the company released its third-quarter 2025 results for the "Jin Cheng Xin convertible bonds." As of September 30, 2025, 504.07 m yuan of these bonds had been converted into 40,371,655 shares, representing 6.92% of the company's pre-conversion share capital. During the third quarter alone, 26,000 yuan of the bonds were converted, resulting in 2,199 new shares.

Following these conversions, the company's total share capital increased to 623,780,087 shares. Unconverted "Jin Cheng Xin convertible bonds" still total 495.93 m yuan, accounting for 49.59% of the original issuance.