---
title: "QIFAN Convertible Bond Conversion Status and Capital Changes Announcement for Q3 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260390681.md"
description: "Shanghai QIFAN Cable Co., Ltd. announced the conversion status of convertible bonds for the third quarter of 2025. CNY 6,000 \"QIFAN Convertible Bonds\" were converted into 345 shares, with a total of CNY 763,000 converted into 38,069 shares, accounting for 0.0091% of the total issued shares. The amount of convertible bonds that have not yet been converted is CNY 999,237,000, accounting for 99.9237% of the total issuance. The initial conversion price was CNY 20.53 per share, and the latest price is CNY 17.35 per share. After conversion, the company's circulating shares and total share capital both increased by 345 shares"
datetime: "2025-10-09T07:48:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260390681.md)
  - [en](https://longbridge.com/en/news/260390681.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260390681.md)
---

# QIFAN Convertible Bond Conversion Status and Capital Changes Announcement for Q3 2025

Shanghai QIFAN Cable Co., Ltd. announced the results of the convertible bond conversion and the changes in share capital. In the third quarter of 2025, CNY 6,000 of "QIFAN Convertible Bonds" were converted into 345 shares of the company's stock. As of September 30, a total of CNY 763,000 of "QIFAN Convertible Bonds" have been converted, resulting in 38,069 shares, accounting for 0.0091% of the total shares issued before conversion. The amount of convertible bonds that have not yet been converted is CNY 999,237,000, accounting for 99.9237% of the total issuance. The initial conversion price of "QIFAN Convertible Bonds" is CNY 20.53 per share, and the latest price is CNY 17.35 per share. After this conversion, the company's unrestricted circulating shares and total share capital both increased by 345 shares

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