Bank of Hangzhou to redeem and delist convertible bonds

Bank of Hangzhou (SSE:600926) announced it will redeem all remaining "Hangzhou Bank Convertible Bonds" (债券代码:110079) at a price of CNY100.4932 per bond. The redemption record date is set for July 4, with payment scheduled for July 7. The final trading day for the bonds is July 1, and the last day for conversion is July 4. After redemption, the "Hangzhou Bank Convertible Bonds" will be delisted from the Shanghai Stock Exchange, effective July 7. Investors are advised to either convert their bonds into shares at CNY11.35 per share or sell them before the deadline to avoid potential losses from the mandatory redemption. The bank reminds bondholders to pay attention to the specified time limit for conversion or sale.