Summary by Futu AI
sunac's latest monthly report on securities changes submitted on October 31, 2024, shows that the number of common shares issued by the company increased from 8,628,984,997 shares at the end of last month to 9,231,291,354 shares, an increase of 602,306,357 shares. There were no changes in inventory shares this month, and the balance remained at 0 shares. The increase mainly stems from the convertible bonds issued on November 20, 2023, including 1.0%/2.0% convertible bonds due in 2032, interest-free mandatory convertible bonds due in 2028, and controlling shareholder bonds. Among them, 1.0%/2.0% convertible bonds have been converted into 113,306,357 shares, and some bonds have been canceled. In addition, on October 31, 2024, sunac also conducted a sale/subscription event involving 489,000,000 new shares. All share issuances mentioned in the report have been formally authorized by the board of directors and comply with relevant listing rules and legal requirements.