Henan Yuguang sees strong half-year performance, updates convertible bonds

Henan Yuguang Gold & Lead Co., Ltd. reported a significant increase in its financial performance for the first half of 2025. Operating revenue reached yuan 22.44bn, up 18.93% year-on-year, and net profit attributable to shareholders increased by 15.12% to yuan 484.65m. The company’s total assets also grew by 10.59% to yuan 19.47bn.

The company's ninth board of directors approved the 2025 semi-annual report and a special report on the deposit and actual use of raised funds. The convertible bonds, "Yuguang Convertible Bonds" (110096), issued on August 12, 2024, began conversion into shares on February 16, 2025. By June 30, 2025, a total of 14,582 shares had been converted. The conversion price was adjusted to yuan 5.95 per share from July 11, 2025, following a 2024 profit distribution.

In other news, Mr. Hu Yuquan resigned as a non-independent director, and Mr. Wang Yongjun was elected as an employee director, maintaining the board's composition.