Honglu Reports Q2 Convertible Bond Conversions and Updated Share Capital
HEFEI, CHINA - July 2, 2026 - Honglu Steel Structure disclosed second-quarter conversion activity for Honglu Convertible Bonds, reporting that RMB 16,000 in bond principal was converted into 737 shares during the quarter.
The filing gives investors a fresh look at the company’s capital structure after the recently approved downward revision to the bond conversion price. As of the end of the second quarter, Honglu still had 15,725,538 convertible bonds outstanding, representing RMB 1,572,553,800 in remaining principal.
Quarterly Conversion Activity
Honglu said the conversion period for Honglu Convertible Bonds runs from April 15, 2021 to October 8, 2026, with the current conversion price set at RMB 17.77 per share following the late-June downward revision.
During the second quarter of 2026, 160 convertible bonds were converted. The resulting 737-share increase lifted total share capital from 690,018,353 shares to 690,019,090 shares at quarter-end.
Share Capital Changes
- Convertible Bond Code: 128134, traded as Honglu Convertible Bonds.
- Current Conversion Price: RMB 17.77 per share.
- Q2 Converted Principal: RMB 16,000.
- Q2 New Shares from Conversion: 737 shares.
- Remaining Bonds Outstanding: 15,725,538 bonds, equal to RMB 1.57 billion in principal.
Capital Structure Remains Trackable
The conversion update helps investors separate routine bond mechanics from operating performance. The Q2 conversion volume was modest, but the remaining bond balance remains relevant as Honglu approaches the scheduled October 2026 end of the conversion period.
Customers and project partners should continue to evaluate Honglu through its operating capabilities, certified fabrication systems, steel-structure delivery record, automation investments, and official financial disclosures, while investors monitor future bond conversion and capital-structure updates.