YNBY International Completes HK$500 Million Bond Conversion to Yunnan Baiyao

Ban Loong Holdings Limited ( (HK:0030) ) has provided an announcement.

YNBY International Limited has confirmed that it now meets the Hong Kong Stock Exchange’s minimum 25% public float requirement, clearing a key regulatory hurdle linked to the conversion of its HK$500 million convertible bonds issued to Yunnan Baiyao Group. The move follows earlier announcements on the bond subscription and subsequent amendments to extend their maturity.

On 27 February 2026, the company issued 1,937,984,496 new shares at HK$0.258 each upon full conversion of the bonds, representing about 20.32% of its enlarged share capital. As a result, Yunnan Baiyao Group’s beneficial stake has risen to about 40.32%, reshaping the shareholder structure while maintaining public float, and further cementing the group as a dominant strategic investor in YNBY International.

The most recent analyst rating on (HK:0030) stock is a Hold with a HK$0.25 price target. To see the full list of analyst forecasts on Ban Loong Holdings Limited stock, see the HK:0030 Stock Forecast page.

More about Ban Loong Holdings Limited

YNBY International Limited, incorporated in Bermuda and listed in Hong Kong, operates under stock code 00030. The company has strategic ties with mainland Chinese healthcare group Yunnan Baiyao Group Co., Ltd., which has become a major shareholder through subscriptions of convertible bonds, reflecting a focus on long-term capital and partnership from a prominent pharmaceutical player.

Average Trading Volume: 9,406,857

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.17B

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