Merchong China submitted its latest Securities Monthly Change Report to Hong Kong Trading and Settlement Limited on 7 May 2024, reporting the changes in the company's share capital as of 30 April 2024. The report showed that the regulary/registered share capital of China Merger remained at HK$1,500,000,000 and the number of ordinary shares remained unchanged at 15,000,000,000 shares. In addition, the report details the latest developments in three different types of convertible bonds issued by the company on November 20, 2023. Of these, the 1.0%/2.0% convertible bonds maturing in 2032 have been partially converted into shares, resulting in a 129,971 share increase in ordinary shares this month. The conversion price of these bonds is initially set at HK$20 per share, while the conversion price of non-accrual mandatory...Show More

Merchong China submitted its latest Securities Monthly Change Report to Hong Kong Trading and Settlement Limited on 7 May 2024, reporting the changes in the company's share capital as of 30 April 2024. The report showed that the regulary/registered share capital of China Merger remained at HK$1,500,000,000 and the number of ordinary shares remained unchanged at 15,000,000,000 shares. In addition, the report details the latest developments in three different types of convertible bonds issued by the company on November 20, 2023. Of these, the 1.0%/2.0% convertible bonds maturing in 2032 have been partially converted into shares, resulting in a 129,971 share increase in ordinary shares this month. The conversion price of these bonds is initially set at HK$20 per share, while the conversion price of non-accrual mandatory convertible bonds and controlling shareholders' bonds due 2028 will initially be HK$4 per share. The conversion price of all bonds is subject to adjustment in accordance with the terms and conditions. Fusion China confirms that all issuance of securities has been formally authorized by the Board of Directors and complies with the relevant requirements of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.