Tianrun Dairy: Controlling shareholder to reduce holdings of 1.0161 million shares of Tianrun convertible bonds.
Tianrun Dairy announced that its controlling shareholder, Xinjiang Production and Construction Corps Twelfth Division State-owned Assets Investment Development Group Co., Ltd., will reduce its holdings of the company's convertible bonds through the Shanghai Stock Exchange system from June 26, 2025 to July 15, 2025, totaling 1.0161 million bonds, accounting for 10.26% of the total convertible bond issue. After the reduction, the state-owned company holds 2.0628 million Tianrun convertible bonds, accounting for 20.84% of the total issue. The company issued 9.9 million convertible bonds to unspecified parties on October 24, 2024, with a face value of 100 yuan per bond, totaling 990 million yuan, with a maturity of 6 years.
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