Sunac announced on June 13, 2024 that the result of the second mandatory convertible bonds conversion has been completed. The conversion is part of the company's overseas debt restructuring and was issued on November 20, 2023, with a total principal amount of $2,749,997,804. During the first conversion period, about 69.23% of the bonds were converted into shares. After the second conversion, the total principal amount of outstanding bonds not yet converted is $717,637,751. In addition, the company also issued $450 million in bonds to its controlling shareholders, of which approximately 69.23% were converted into shares at the same conversion price. After the second conversion, the total principal amount of outstanding bonds held by the controlling shareholders that have not been converted is $117,431,726. Sunac reminds shareholders and potential investors to conduct themselves prudently when buying and selling the company's securities.

Sunac announced on June 13, 2024 that the result of the second mandatory convertible bonds conversion has been completed. The conversion is part of the company's overseas debt restructuring and was issued on November 20, 2023, with a total principal amount of $2,749,997,804. During the first conversion period, about 69.23% of the bonds were converted into shares. After the second conversion, the total principal amount of outstanding bonds not yet converted is $717,637,751. In addition, the company also issued $450 million in bonds to its controlling shareholders, of which approximately 69.23% were converted into shares at the same conversion price. After the second conversion, the total principal amount of outstanding bonds held by the controlling shareholders that have not been converted is $117,431,726. Sunac reminds shareholders and potential investors to conduct themselves prudently when buying and selling the company's securities.