Bairun convertible bonds: Minimal put option exercise, no financial impact

Shanghai Bairun Investment Holding Group Co., Ltd. has announced the results of the put option exercise for its Bairun Convertible Bonds. The put option period concluded on November 25, 2025, with a put price of RMB 100.252 per bond.

A mere 11 bonds were tendered for the put option, amounting to a total of RMB 1,102.77. The put option exercise had a trigger date of November 17, 2025, and an application period from November 19, 2025, to November 25, 2025. The funds for the exercised bonds will be transferred to investors by December 2, 2025.

The company stated that this limited exercise of the put option will not have any substantial impact on its financial position, share capital structure, operating performance, or cash flow. The unexercised Bairun Convertible Bonds will continue to be traded on the Shenzhen Stock Exchange.