Weiming Environmental reports modest convertible bond conversions

As of September 30, 2025, Zhejiang Weiming Environment Protection saw RMB 181,000 of "Weiming 22" convertible bonds convert into 5,662 A-share ordinary shares, representing 0.00033% of the company's total issued ordinary shares before conversion. Concurrently, RMB 258,000 of "Weiming 24" convertible bonds were converted into 14,312 A-share ordinary shares, accounting for 0.00084% of pre-conversion ordinary shares.

During the quarter from July 1 to September 30, 2025, RMB 1,000 of "Weiming 22" convertible bonds converted into 36 shares, while RMB 7,000 of "Weiming 24" convertible bonds converted into 395 shares. This indicates modest but steady conversion activity for both bonds.

Despite these conversions, a significant portion of the convertible bonds remains outstanding. As of September 30, 2025, RMB 1,476,819,000 of "Weiming 22" convertible bonds (99.98775% of total issuance) and RMB 284,742,000 of "Weiming 24" convertible bonds (99.90947% of total issuance) are yet to be converted. The company's total share capital remains unchanged at 1,704,558,119 shares after this period's conversions, with no immediate impact on outstanding share categories.