Construction investment group adjusts convertible bond conversion price

Zhejiang Construction Investment Group has announced an adjustment to the conversion price of its convertible bonds, effective July 17, 2025. The adjustment stems from the company's approved 2024 profit distribution plan.

The initial conversion price of the "Zhejiang Construction Bonds" will change from CNY 10.96 per share to CNY 10.91 per share. This change aligns with the distribution of a CNY 0.05 cash dividend per share to shareholders.

This adjustment follows the resolution passed at the company's 2024 annual general meeting and complies with the terms outlined in the convertible bond prospectus. The record date for the equity distribution is set for July 16, 2025, with the ex-rights date on July 17, 2025.