Bengang Steel Plates: Q3 2025 convertible bond conversions detailed

Bengang Steel Plates Company Limited disclosed its third-quarter 2025 convertible bond conversion activities, showing a reduction of 12,000 yuan in "Bengang Convertible Bonds" (120 bonds) and a corresponding increase of 3,036 new shares. As of September 30, 2025, the remaining balance of convertible bonds stood at 5,630,957,100 yuan (56,309,571 bonds). The company's conversion price is 3.95 yuan per share, with the conversion period running from January 4, 2021, to June 28, 2026.

Following the conversion, the total number of unrestricted shares increased by 3,036, from 4,108,232,205 to 4,108,235,241. This change solely impacted the Renminbi ordinary shares, which saw an increase from 3,708,232,205 to 3,708,235,241 shares, maintaining its proportion at 90.26% of total unrestricted shares. Domestic-listed foreign shares remained unchanged at 400,000,000, representing 9.74%.

Overall, the company's total share capital increased by 3,036 shares, moving from 4,108,232,205 to 4,108,235,241. Investors with questions can contact the company's board secretary office at 024-47828980.