Luxshare Precision adjusts convertible bond price after Q3 share changes

Luxshare Precision Industry announced an adjustment to the conversion price of its "Luxshare Convertible Bond" (bond code: 128136) from RMB 56.25 per share to RMB 56.14 per share, effective October 10, 2025. This change follows the exercise of equity incentives and the conversion of company convertible bonds during the third quarter of 2025, which led to a change in the total share capital.

During Q3 2025, the "Luxshare Convertible Bond" saw a reduction of CNY 412,400 (4,124 bonds) due to conversion, resulting in 7,306 new shares. As of September 30, 2025, the remaining balance of the convertible bonds was CNY 2,998,554,100 (29,985,541 bonds). The overall share capital adjustment also reflects significant equity incentive exercises from various plans, including 2019, 2021, and 2022 stock option schemes, contributing 295,089 shares, 6,367,555 shares, and 23,742,078 shares respectively to the total share capital.

The convertible bonds, issued on November 3, 2020, with a total value of RMB 3,000,000,000, commenced trading on the Shenzhen Stock Exchange on December 2, 2020. The conversion period for these bonds began on May 10, 2021, and is scheduled to conclude on November 2, 2026.