Xtep International Holdings Limited (1368) announced adjustments to the conversion prices of its 2021, 2024, and 2025 Convertible Bonds, effective 30 October 2025. The changes follow the declaration and payment of an interim dividend of HK$0.18 per share for the six months ended 30 June 2025.

The 2021 Convertible Bonds’ conversion price changes from HK$8.1972 to HK$7.9385. The outstanding principal (including accrued quarterly interest) totals HK$537,240,894, and the maximum number of shares issuable under full conversion increases from 67,936,482 to 70,150,398.

The 2024 Convertible Bonds’ conversion price moves from HK$5.4028 to HK$5.2323. The outstanding principal (including accrued quarterly interest) totals HK$513,240,178, and the maximum number of shares issuable under full conversion rises from 114,066,012 to 117,782,973.

The 2025 Convertible Bonds’ conversion price shifts from HK$6.21 to HK$6.01, with an outstanding principal of HK$500,000,000. The maximum number of shares issuable under full conversion increases from 80,515,297 to 83,194,675.

According to the company, all other terms and conditions of these bonds remain unchanged, and applications will be made for the listing and permission to deal in the additional shares on The Stock Exchange of Hong Kong Limited.