Chacha Food sees minimal conversion of Qiaqia bonds in Q3

During the third quarter of 2025, Chacha Food's "Qiaqia Convertible Bonds" saw a reduction of only 34 bonds, amounting to a decrease of 3,400 yuan in value. This resulted in the conversion of 56 shares. As of September 30, 2025, a substantial 13,398,420 convertible bonds, valued at 1,339,842,000 yuan, remain outstanding, representing an unconverted ratio of 99.9882%.

The company's total share capital increased by 56 shares, from 505,855,097 shares to 505,855,153 shares. This increase was entirely attributed to the conversion of "Qiaqia Convertible Bonds" into unrestricted tradable shares.

The "Qiaqia Convertible Bonds" began their conversion period on April 26, 2021, and will conclude on October 19, 2026. The current conversion price, effective since June 20, 2025, is 55.93 yuan per share, adjusted from 56.91 yuan per share following the 2024 annual equity distribution plan.