Bright Smart Securities International Holdings Limited (08147.HK) has successfully issued convertible bonds with a total principal amount of HKD 8.634 million.

Wisdom Financial News APP, China Southern Pacific (08147.HK) announced that the preconditions of the subscription agreement have been met, and the convertible bonds with a total principal amount of 8.634 million Hong Kong dollars have been issued on August 22, 2025. Based on a preliminary conversion price of 0.25 Hong Kong dollars per share, the convertible bonds can be converted into 34.536 million shares of convertible stock, equivalent to (i) approximately 20.00% of the company's existing issued share capital as of the date of this announcement; and (ii) approximately 16.67% of the company's issued share capital after the issuance of the convertible shares.