
ZBOM "ZBOM Convertible Bonds" will start conversion on September 24th
ZBOM Home Furnishing Co., Ltd. announced that the "ZBOM Convertible Bond" can be converted into shares from September 24, 2025, to March 17, 2031, with a conversion price of RMB 11.52 per share. The bond will be listed on April 8, 2025, with an issuance scale of RMB 670 million and a term of 6 years. Holders can declare the conversion during the normal trading hours on the Shanghai Stock Exchange trading days within the conversion period, with the declaration direction being sell, at a price of RMB 100. The initial conversion price was RMB 12.12 per share, which has been adjusted to RMB 11.52 per share due to the cash dividend distribution in June 2025. In addition, the announcement also provided explanations regarding the adjustment of the conversion price and the amendment clauses

