Bank of Hangzhou to redeem and delist convertible bonds

Bank of Hangzhou [SSE:600926] has announced the upcoming redemption and subsequent delisting of its "Hangzhou Bank Convertible Bonds". The redemption record date is set for July 4, 2025, with a redemption price of CNY 100.4932 per bond. Redemption payments will be made on July 7, 2025. The last trading day for the bonds is July 1, 2025, and the last day for conversion into shares is July 4, 2025. Following the redemption, the "Hangzhou Bank Convertible Bonds" will be officially delisted from the Shanghai Stock Exchange, effective July 7, 2025. The bank reminds investors to either trade or convert their bonds before the respective deadlines, as the redemption price is significantly lower than the current market price, potentially resulting in losses if no action is taken.