Bank of Hangzhou to redeem and delist convertible bonds

Bank of Hangzhou (SSE:600926) will redeem its "Hangzhou Bank Convertible Bonds", with a redemption record date of July 4, 2025. The redemption price is set at CNY 100.4932 per bond, with funds disbursed on July 7, 2025. Trading will cease on July 1, 2025, and conversion rights expire on July 4, 2025. Bondholders can either trade or convert before the respective deadlines, or face redemption at CNY 100.4932 per bond which may be lower than the market value. Following the redemption, the "Hangzhou Bank Convertible Bonds" will be delisted from the Shanghai Stock Exchange, effective July 7, 2025.