Huayou Cobalt convertible bonds to be redeemed, delisted from Shanghai Stock Exchange

Zhejiang Huayou Cobalt Co. has announced the redemption and delisting of its convertible bonds, "Huayou Convertible Bonds." The final trading day for these bonds was September 23, 2025, with trading officially ceasing on September 24, 2025. The redemption registration date and the last day for bondholders to convert their bonds into shares is September 26, 2025.

The redemption price for the convertible bonds is 100.8918 yuan per bond, including accrued interest. This price comprises the face value of 100 yuan plus accrued interest of 0.8918 yuan per bond. The redemption payment will be disbursed on September 29, 2025. Following the redemption, "Huayou Convertible Bonds" will be officially delisted from the Shanghai Stock Exchange starting September 29, 2025.

Bondholders who do not convert their bonds by the deadline risk being compulsorily redeemed at 100.8918 yuan per bond, which could lead to significant investment losses due to the current market price discrepancy. The company urges all bondholders to convert their bonds within the specified period to avoid mandatory redemption.