Yuguang Group releases significant portion of pledged convertible bonds

Henan Yuguang Gold & Lead Co., Ltd. announced that its controlling shareholder, Yuguang Group, has released a pledge on a portion of its convertible bonds. As of August 28, 2025, Yuguang Group unwound the pledge on 160,000,000 yuan of the company's convertible bonds. This represents 76.14% of Yuguang Group's total convertible bond holdings and 22.54% of the company's total convertible bond issuance.

Prior to this release, Yuguang Group had pledged 210,000,000 yuan of the company's convertible bonds on August 15, 2025. Following the recent transaction, Yuguang Group now has 50,000,000 yuan in remaining pledged convertible bonds, which accounts for 23.79% of its total holdings and 7.04% of the company's total convertible bond issuance.

Yuguang Group currently holds 210,143,000 yuan of the company's convertible bonds, representing 29.60% of the total issuance. The company stated it will continue to monitor the controlling shareholder's convertible bond pledges and associated risks, urging investors to exercise caution.