Shanghai Bairun adjusts convertible bond conversion price

Shanghai Bairun Investment Holding Group Co., Ltd. (SZSE:002568) announced an adjustment to the conversion price of its convertible bonds, known as "Bairun Convertible Bonds" (SZSE:127046). The conversion price will be adjusted from CNY 46.96 per share to CNY 46.66 per share, effective June 5, 2025. This adjustment is due to the company's 2024 annual equity distribution plan, which includes a cash dividend of CNY 3.00 per 10 shares to shareholders. The company’s total share capital stands at 1,049,368,955 shares.