---
title: "Jintai Energy clarifies HK$ 123.29 million convertible notes terms, keeps conversion price at HK$ 0.03"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290070594.md"
description: "Jintai Energy issued a supplemental clarification on amended Convertible Notes terms via a deed dated May 19, 2026. The principal remains HK$123.29 million with 8% simple annual interest. Accrued unpaid interest reached HK$38.41 million. Maturity is July 17, 2027, extendable to July 17, 2028. Full conversion at HK$0.03 implies approximately 5.78 billion shares in 2027 or 6.11 billion in 2028."
datetime: "2026-06-17T14:43:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290070594.md)
  - [en](https://longbridge.com/en/news/290070594.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290070594.md)
---

# Jintai Energy clarifies HK$ 123.29 million convertible notes terms, keeps conversion price at HK$ 0.03

-   Jintai Energy issued a supplemental clarification on amended Convertible Notes terms under a fourth supplemental deed dated May 19, 2026. \* Principal stays at HK$123.29 million; interest accrues at 8% per year on a simple basis, not compounded or added to principal. \* Accrued and unpaid interest totaled HK$38.41 million as of May 19, 2026. \* Maturity is July 17, 2027, with a noteholder option to extend by one year to July 17, 2028. \* Full conversion at HK$0.03 implies 5,776,400,635 shares in 2027 or 6,110,655,597 shares in 2028, including accrued interest. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jintai Energy Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260617-12207131), on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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