Jidong Cement convertible bond conversions continue in Q3 2025

In the third quarter of 2025, Jidong Convertible Bonds decreased by 5,100 yuan (51 bonds) due to conversions, resulting in 388 new shares. As of September 30, 2025, cumulative conversions have reduced the bonds by 1,043,587,300 yuan (10,435,873 bonds), converting into 66,134,241 shares. The remaining outstanding balance of Jidong Convertible Bonds stands at 1,776,411,700 yuan (17,764,117 bonds).

Tangshan Jidong Cement Group's total share capital increased by 388 shares in Q3 2025, reaching 2,658,216,626 shares. This change was reflected in the unrestricted tradable shares, which rose to 2,631,354,026 shares, maintaining their 98.99% proportion of the total share capital. Restricted shares, including equity incentive and pre-IPO restricted shares, remained unchanged.

The current conversion price for Jidong Convertible Bonds is 13.01 yuan per share, following an adjustment on June 26, 2025, due to the 2024 annual equity distribution plan. The conversion period for the bonds runs from May 11, 2021, to November 4, 2026.