Tongling Nonferrous reports convertible bond conversion, initiates share repurchase

Tongling Nonferrous Metals Group (SZSE:000630) announced the conversion details of its "Tongling Ding 02" convertible bonds for the first quarter of 2025, revealing a decrease of 40,010 bonds due to conversion. This resulted in 1,212,423 newly issued shares and leaves 21,419,990 bonds outstanding as of March 31, 2025. The conversion period for these bonds began on March 27, 2024, with a conversion price of CNY3.30 per share.