Guizhou Broadcasting to redeem, delist convertible bonds

Guizhou Broadcasting & TV Information Network announced the upcoming maturity, redemption, and delisting of its "Guiguang Convertible Bonds." The bonds will stop trading on February 28, 2025, with February 27, 2025, being the last trading day. Bondholders can convert bonds to stock until March 4, 2025. The redemption date is March 4, 2025, with a payment of 113 RMB per bond on March 5, 2025. The bonds will be delisted on March 5, 2025. The company issued 16 million convertible bonds on March 5, 2019, with a face value of 100 RMB each, totaling 1.6 billion RMB.