FilingReader Intelligence

Meijin Energy's convertible bonds see first quarter conversion

April 2, 2025 at 05:12 AM UTCBy FilingReader AI

Shanxi Meijin Energy (SZSE:000723) reported that during the first quarter of 2025, 1,920 of its "Meijin Convertible Bonds" were converted, decreasing the outstanding amount of convertible bonds by CNY 192,000. This conversion resulted in the issuance of 36,499 new shares. As of the end of the first quarter, the remaining balance of convertible bonds stands at 27,891,646, representing a total value of CNY 2,789,164,600. The conversion price is 5.26 yuan/share, and the conversion period is from October 26, 2022, to April 19, 2028. Following the conversion, the company's total share capital increased to 4,431,432,532 shares, with unrestricted shares rising to 4,396,235,412. The convertible bonds are listed on the Shenzhen Stock Exchange under the code 127061.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000723Shenzhen Stock Exchange
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