China Health Group Issues Profit Warning Amidst Unchanged Share Conversions and Issuances

Reuters
2025/06/27
China Health Group Issues Profit Warning Amidst Unchanged Share Conversions and Issuances

China Health Group Inc. has issued a profit warning, highlighting that during the period of September 2008, no preferred shares or convertible notes were converted into equity shares. The company announced that if all preferred shares are converted at the initial conversion price of HKD 1.16 per share, it would result in the issuance of 100,344,827 new shares, representing approximately 42.80% of the company's total issued share capital, which would expand to approximately 29.98% upon conversion. Similarly, full conversion of convertible notes at the same price would result in the issuance of 15,862,068 new shares, equivalent to about 6.77% of the total issued share capital, which would expand to approximately 6.34% upon conversion. No new shares were issued or cancelled during this period, maintaining the total issued share capital at 234,367,577 shares.

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. China Health Group Inc. published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

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