Enpower convertible bond conversions continue into Q3 2025

Zhuhai Enpower Electric has released its third-quarter 2025 update on the "Enpower Convertible Bond" (bond code: 123249), highlighting continued conversions. During Q3 2025, a total of 29,100.00 yuan in convertible bonds were converted, resulting in an increase of 1,665 shares. The current conversion price for the bonds is 17.43 yuan per share.

Cumulatively, as of September 30, 2025, the "Enpower Convertible Bond" has seen 124,235,900.00 yuan converted, generating 7,114,805 new shares, which represents 2.78% of the company's total shares outstanding before the convertible bond conversion. The conversion period for these bonds began on April 30, 2025, and is scheduled to run until October 23, 2030.

Despite these conversions, a significant portion of the convertible bonds remains outstanding. As of September 30, 2025, 692,923,800.00 yuan of the "Enpower Convertible Bond" had not yet been converted, accounting for 84.80% of the total issuance. The company's total share capital now stands at 262,943,973 shares, up from 262,942,308 shares at the end of Q2 2025 due to the Q3 conversions.