Guotai convertible bonds to resume share conversion
Jiangsu Guotai International Group's "Guotai convertible bond" is set to resume share conversion on November 18, 2025. This follows a temporary suspension from November 10, 2025, to the record date of its 2025 interim equity distribution. The share conversion period for these bonds began on January 13, 2022, and extends until July 6, 2027.
The convertible bonds, totaling 45,574,186 units (RMB4,557,418,600), were successfully issued on July 7, 2021, and began trading on the Shenzhen Stock Exchange on August 10, 2021. The temporary suspension was implemented in accordance with regulations for listed companies on the Shenzhen Stock Exchange due to the company's 2025 interim equity distribution plan.
The company's board of directors approved the 2025 interim profit distribution plan on October 29, 2025, after gaining authorization from shareholders during the 2024 annual general meeting on May 19, 2025. Bondholders are advised to note the upcoming resumption of share conversion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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