Yuguang Gold & Lead controlling shareholder cuts convertible bond stake

Henan Yuguang Gold & Lead Co. Ltd. (stock code: 600531) announced that its controlling shareholder, Henan Yuguang Gold & Lead Group Co. Ltd. ("Yuguang Group"), reduced its holdings in the company's convertible bonds, "Yuguang Convertible Bonds." This reduction occurred between September 2, 2025, and September 9, 2025, through centralized bidding.

Yuguang Group divested 710,000 shares of "Yuguang Convertible Bonds," representing 10.00% of the total issued convertible bonds. Prior to this reduction, Yuguang Group held 2,101,430 shares, accounting for 29.60% of the total issuance. Following the transaction, its holdings decreased to 1,391,430 shares, or 19.60% of the total convertible bonds.

The "Yuguang Convertible Bonds" were issued on August 12, 2024, with a total of 7,100,000 shares, each with a face value of CNY 100, totaling CNY 710,000,000. They have a term of six years, maturing on August 11, 2030, and began trading on the Shanghai Stock Exchange on September 3, 2024.