Summary by Moomoo AI
Zhejiang Shanghai Hangzhou Ningbo Expressway Co., Ltd. (Zhejiang Shanghai Hangzhou Ningbo) announced on November 11, 2024 that its subsidiary Zheshang Securities issued convertible enterprise bonds "Zhe 22 Convertible Bonds", which were convertible from December 20, 2022 to November 8, 2024. The cumulative amount of conversions has reached 10.5100% of the total share capital issued by the company before conversion, with a total of 407,594,386 shares converted. After this conversion, the total share capital of Zheshang Securities increased to 4,285,763,181 shares. The outstanding amount of "Zhe 22 Convertible Bonds" is 2,903,066,000 yuan, accounting for 41.4724% of the total issuance. Zheshang Securities publicly issued a total of 7 billion yuan in "Zhe 22 Convertible Bonds" on June 14, 2022, and it was listed for trading on the Shanghai Stock Exchange on July 8 of the same year. The latest conversion price per share for the company is 10.05 RMB.