Yuguang Gold & Lead suspends convertible bond conversion for equity distribution

Henan Yuguang Gold & Lead (SSE:600531) announced the suspension of "Yuguang Convertible Bond" conversions starting July 3, 2025, in anticipation of its 2024 equity distribution. The company's 2024 annual general meeting approved a cash dividend of CNY 2.25 per 10 shares, totaling CNY 245,307,582.00, representing 30.39% of the net profit attributable to shareholders. The conversion suspension will last until the equity registration date, with conversion resuming on the first trading day thereafter. As a result of the distribution, the convertible bond's conversion price will be adjusted. The company will announce further details, including the equity distribution implementation and the adjusted conversion price, on July 4, 2025.