Bank of Hangzhou to redeem and delist convertible bonds

Bank of Hangzhou (SSE:600926) will redeem all outstanding "Hangzhou Bank Convertible Bonds," effective July 7, 2025, and subsequently delist them from the Shanghai Stock Exchange. The redemption record date is set for July 4, 2025, with a redemption price of CNY 100.4932 per bond. The last trading day for the bonds is July 1, 2025, and the final day for conversion into shares is July 4, 2025. Investors are advised to either convert their bonds to shares at a conversion price of CNY 11.35 per share or sell them before the trading halt to avoid redemption at the stated price. The bank reminds investors to consider the potential investment losses if they fail to convert or sell before the deadlines.