YNBY INTL (00030) Issues 1.938 Billion Shares to Shanghai Trust

Stock News

Feb 27

YNBY INTL (00030) announced that on February 27, 2026, the company fully allotted and issued 1.938 billion shares to Shanghai International Trust Co., Ltd. at a conversion price of HK$0.258 per share. Shanghai Trust acted as the trustee designated by Yunnan Baiyao Group Co., Ltd. to subscribe for and hold the convertible bonds on behalf of Yunnan Baiyao Group. The conversion shares accounted for approximately 25.50% of the total issued shares immediately prior to the issuance and approximately 20.32% of the total issued share capital as enlarged after the issuance. The conversion shares are held by Shanghai Trust on behalf of and as trustee for Yunnan Baiyao Group.

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Shanghai Trust acted as the trustee designated by Yunnan Baiyao Group Co., Ltd. to subscribe for and hold the convertible bonds on behalf of Yunnan Baiyao Group. The conversion shares accounted for approximately 25.50% of the total issued shares immediately prior to the issuance and approximately 20.32% of the total issued share capital as enlarged after the issuance. 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