Securities abbreviation: Shanghaichengdiconstructioncorporationltd(603887) securities code: 603887 Announcement No.: 2022-001 bond abbreviation: urban land convertible bond bond Code: 113596
Shanghaichengdiconstructioncorporationltd(603887)
Announcement of convertible bond to equity conversion results and share changes in the fourth quarter of 2021
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 bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Conversion of convertible bonds into shares: during this conversion, a total of 273000 yuan of “urban land convertible bonds” were converted into company shares, with a cumulative number of 11249 shares, accounting for 0.0228% of the total issued; Since the first day of share conversion on February 4, 2021, a total of 521000 yuan of “urban land convertible bonds” have been converted into company shares, and the cumulative number of shares converted is 20007 shares, accounting for 0.0434% of the total issued.
Non convertible convertible bonds: as of December 31, 2021, 1199479000 yuan of “urban land convertible bonds” had not been converted into shares, accounting for 99.9566% of the total issuance of “urban land convertible bonds”.
1、 Overview of convertible bond issuance and listing
(i) Issuance of convertible bonds
Approved by the reply on approving Shanghaichengdiconstructioncorporationltd(603887) public issuance of convertible corporate bonds (zjxk [2020] No. 1178) of China Securities Regulatory Commission, the company publicly issued 12 million convertible corporate bonds on July 28, 2020, with a face value of 100 yuan each and a total issuance amount of 120 million yuan, with a term of 6 years from the date of issuance.
（2） Listing of convertible bonds
With the consent of self regulatory decision [2020] No. 264 of Shanghai Stock Exchange, the company’s 120 million yuan convertible corporate bonds have been listed and traded on Shanghai Stock Exchange since August 20, 2020. The bonds are referred to as “urban land convertible bonds” for short and the bond code is “113596”.
（3） Date and price of convertible bond conversion
According to the relevant provisions of the stock listing rules of Shanghai Stock Exchange and the provisions of the company’s prospectus for Shanghaichengdiconstructioncorporationltd(603887) public issuance of convertible corporate bonds, the “urban land convertible bonds” issued by the company can be converted into shares of the company from February 4, 2021, and the conversion price is 29.21 yuan / share.
The 2020 annual profit distribution plan was approved by the company’s 2020 annual general meeting. In June 2021, the company implemented the equity distribution based on the total share capital of 375587343 shares. The number of shares converted before the registration date participated in the conversion, and the corresponding converted shares have been listed since June 25, 2021. Meanwhile, according to the price adjustment plan of convertible bonds, the current conversion price of the company’s convertible bonds is adjusted to 24.26 yuan.
2、 Current share conversion of convertible bonds
From September 30, 2021 to December 31, 2021, a total of 273000 yuan of “urban land convertible bonds” have been converted into company shares, and the cumulative number of converted shares is 11249, accounting for 0.0228% of the total issued. The amount of “urban land convertible bonds” that have not been converted into shares is 1199479000 yuan, accounting for 99.9566% of the total issued. 3、 Changes in share capital
According to the company’s share data registered by China Securities Depository and Clearing Co., Ltd. Shanghai Branch, the changes in the company’s share capital in the fourth quarter of 2021 are as follows:
Unit (share)
Before and after the change of share class
(September 30, 2021) (December 31, 2021)
9675734196757341 tradable shares with limited sales conditions
35394915739960406 tradable shares without restrictions
Total share capital 450706498450717747
4、 Other
If investors have any questions about the above contents, they can call the company’s investor hotline 021-52806755 for consultation.
5、 Risk tips
Since the current share price of the company is lower than the share price of urban land convertible bonds, investors are requested to carefully judge whether to carry out the debt to equity conversion operation, and the investors shall bear their own losses caused by the conversion.
It is hereby announced.
Shanghaichengdiconstructioncorporationltd(603887) board of directors January 3, 2022
