Bank of Nanjing to redeem and delist convertible bonds

Bank of Nanjing announced it will redeem its "Nanjing Bank Convertible Bonds" and delist them from the Shanghai Stock Exchange. The redemption record date is set for July 17, 2025, with a redemption price of CNY 100.1537 per bond. Redemption payments will be made on July 18, 2025, and the last trading day for the bonds is July 14, 2025. Bondholders are advised to either trade or convert their bonds into A-shares (at CNY 8.02 per share after dividend adjustment) before the July 17 deadline to avoid redemption. After the deadline the bonds will be redeemed. Trading and conversion of "Nanjing Bank Convertible Bonds" will cease on July 17, 2025, and they will be delisted from the Shanghai Stock Exchange on July 18, 2025. Bank of Nanjing reminds investors to pay attention to the risk of potential losses should they fail to convert or sell their bonds in time, as the market price is currently higher than the redemption price.