JCHX Mining convertible bond offering oversubscribed, final results announced

JCHX Mining Management Co. (referred to as "JCHX Mining") has announced the results of its RMB 2bn convertible bond issuance. Existing shareholders received priority allocation of RMB 1,472,353,000 worth of bonds, representing 73.62% of the total issuance.

The remaining RMB 527,647,000, or 26.38% of the total, was offered to the public online. The online subscription process saw 8,281,583 valid applications, with a total of 8,241,358,846 shares effectively subscribed. This resulted in an online subscription success rate of 0.00640243%. The underwriters, China Galaxy Securities Co. and CITIC Securities Co., will manage any unplaced portions.

The "Jin 25 Convertible Bonds" have been approved by the China Securities Regulatory Commission. The draw for successful online subscriptions will take place on September 29, 2025, with results disclosed on the Shanghai Stock Exchange website on September 30, 2025. The listing date for the convertible bonds will be announced separately.