Bank of Hangzhou to redeem, delist convertible bonds

Bank of Hangzhou (SSE: 600926) has announced it will redeem all outstanding "Hang Yin Convertible Bonds" at a price of CNY 100.4932 per bond, which includes accrued interest, on July 7, 2025. The redemption applies to all bondholders registered with China Securities Depository and Clearing Corporation Limited Shanghai Branch (CSDC Shanghai) as of July 4, 2025. Trading of the bonds will cease after July 1, 2025, and conversion rights will expire on July 4, 2025. The company reminds investors to either convert or sell their bonds before these dates to avoid potential losses, as the current market price significantly exceeds the redemption price. Following the redemption, the "Hang Yin Convertible Bonds" will be delisted from the Shanghai Stock Exchange on July 7, 2025.