On October 11, 2025, Shanghai’s Tongwei Co., Ltd. announced a significant change regarding the conversion of its shares. The company is set to implement a new plan that will impact the trading of its limited shares. This move indicates a strategic shift in its financial practices.
According to the latest reports from the Shanghai Stock Exchange, the conversion period for these shares will span from September 1, 2025, to September 30, 2025. During this time, the total share conversion amount is projected to reach 11,983,130,000 RMB, with a 99.85942% execution rate anticipated.
As of now, the company has recorded 16,870,000 RMB in share conversions under the conversion plan. By September 30, 2025, the total number of converted shares is expected to reach 441,653 shares, with the cumulative trading volume hitting 4,501,548,184 shares, accounting for 0.00981% of the total shares.
Looking ahead, the 2025 conversion plan will be crucial in guiding the company’s future financial strategies and operations. The company anticipates a total of 130,000 RMB in shares to convert during the designated period.
In a commitment to transparency and regulatory compliance, Tongwei Co., Ltd. has emphasized its adherence to the Shanghai Stock Exchange’s guidelines and its dedication to ensuring that all necessary disclosures are met in a timely manner.
For more information and updates on this matter, please visit the official Shanghai Stock Exchange website.
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