Hengyi Petrochemical (SHE:000703) raised its registered capital to 4.11 billion yuan from 3.82 billion yuan following bond conversions.
Between April 11 and Sept. 8, the chemical fiber manufacturer's total shares increased to 4.11 billion from 3.82 billion due to bond-to-equity conversions, according to a Thursday filing with the Shenzhen bourse.
Shares of the company were down 3% in recent trade.