Treasure Island: The controlling shareholder's shareholding ratio has decreased to 51.63% due to convertible bonds exchange for shares.

date
03/04/2026
Treasure Island announced that on April 3, the company received a notification from the controlling shareholder, Chuangda Group, that from March 21 to April 2, 2026, holders of two convertible corporate bonds issued by Chuangda Group exchanged 11.8066 million shares of the company, reducing their shareholding from 52.89% to 51.63%, reaching a 1% threshold. This change in equity will not lead to a change in the controlling shareholder or actual controller, and will not trigger a takeover bid. The convertible bonds are currently in the exchange period, and there is uncertainty in the exchange situation of the holders. The company will disclose follow-up equity changes in accordance with regulations.