China Southern Airlines Co., Ltd. (01055) announced that the conversion period for its convertible bonds runs from April 21, 2021, to October 14, 2026. As of December 31, 2025, a cumulative total of RMB 10.104 billion worth of these bonds had been converted into the company's A-shares, resulting in 1.619 billion shares issued. This converted amount represents approximately 10.56% of the company's total issued share capital prior to the bond conversion. The outstanding principal amount of the unconverted bonds stood at RMB 5.896 billion as of December 31, 2025, accounting for about 36.85% of the total bonds originally issued. During the period from October 1, 2025, to December 31, 2025, the bonds converted had a value of RMB 23,000, resulting in the issuance of 3,726 shares.
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