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Funeng (600483): Results Of Convertible Bond To Equity Swap And Share Change

2020/10/10 11:59:00 186

Funeng Shares Textile Stocks The Latest Announcement

Fujian Funeng Co., Ltd. convertible bond conversion results and share change announcement

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents. Important content tips:

● conversion: during the period from July 1, 2020 to September 30, 2020, the amount of shares transferred by Funeng convertible bonds is 8000 yuan, and the number of shares formed by the conversion is 984 shares, accounting for 0.00006% of the total issued shares of the company before the convertible bond conversion. As of September 30, 2020, the accumulated amount of shares transferred is 88000 yuan, and the number of shares formed by the conversion is 10278 shares, accounting for 0.0007% of the total issued shares of the company before the conversion of convertible bonds into shares.

● convertible bonds not converted into shares: as of September 30, 2020, the amount of convertible bonds not converted into shares of the company is 2829912000 yuan, accounting for 99.9969% of the total amount of convertible bonds issued.

1、 Overview of convertible bond issuance and listing

（1） Approved by China Securities Regulatory Commission on the approval of Fujian Funeng Co., Ltd. to publicly issue convertible corporate bonds (zjxk [2018] No. 1732), the company publicly issued 28.3 million convertible corporate bonds on December 7, 2018, with a face value of 100 yuan each and a total amount of 2.830 billion yuan, with a bond maturity of 6 years.

（2） With the approval of "self regulatory decision [2018] No. 161" of Shanghai Stock Exchange, the company's convertible corporate bonds of RMB 2.830 billion were listed on Shanghai Stock Exchange from December 28, 2018, and the bonds were referred to as "Funeng convertible bonds", and the bond code was "110048".

（3） According to relevant regulations and the company's "prospectus for public issuance of convertible bonds", the "Funeng convertible bonds" issued by the company can be converted into shares of the company from June 14, 2019, with the conversion code of "190048", and the initial conversion price is 8.69 yuan / share. After the implementation of profit distribution in 2018, the conversion price will be adjusted to

After the implementation of profit distribution in 2019, the conversion price will be adjusted to 8.23 yuan / share from June 8, 2020, and the conversion price will be adjusted to 8.12 yuan / share from June 22, 2020 after issuing new shares (issuing shares to purchase assets).

2、 Convertible bonds

（1） The period from July 1, 2020 to September 30, 2020 is the period of Funeng convertible bond to equity, and the amount of converted shares is 8000 yuan. The number of shares formed by the conversion is 984 shares, accounting for 0.00006% of the total issued shares of the company before the convertible bond conversion. As of September 30, 2020, the cumulative number of shares formed by convertible bond conversion is 10278, accounting for 0.0007% of the total issued shares of the company before the convertible bond conversion.

（2） The amount of convertible bonds that have not been converted into shares is 2829912000 yuan, accounting for 99.9969% of the total amount of convertible bonds issued.

3、 Changes in share capital

Unit: Share

Class of shares

Class of shares	Before change (June 30, 2020)	This convertible bond to equity swap	Change after September 30, 2020
Tradable shares with limited sales conditions	208,540,956	-	208,540,956
Non tradable shares	1,551,834,868	nine hundred and eighty-four	1,551,835,852
Total equity	1,760,375,824	nine hundred and eighty-four	1,760,376,808