Huayou convertible bonds face redemption and delisting

Zhejiang Huayou Cobalt Co., Ltd. has issued its eighth indicative announcement regarding the redemption and delisting of its "Huayou Convertible Bonds." The company will redeem the bonds at a price of CNY 100.8918 per bond, with funds to be distributed on September 29, 2025. The final trading day for "Huayou Convertible Bonds" is September 23, 2025, and the last day for conversion into shares is September 26, 2025.

After the early redemption, the "Huayou Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting September 29, 2025. Investors are strongly advised to convert their bonds into shares or sell them in the secondary market before the respective deadlines to avoid potential investment losses, as the current market price for the bonds may differ significantly from the redemption price. Unconverted bonds will be compulsorily redeemed at the stated price.