Lianrui New Material convertible bond issuance approved by SSE

Jiangsu Lianrui New Material Co., Ltd.'s application to issue convertible corporate bonds to unspecified investors has been approved by the Shanghai Stock Exchange Listing Committee. The approval was granted during the committee's 45th meeting on October 22, 2025, after concluding the application met necessary issuance, listing, and information disclosure requirements.

This approval is a crucial milestone for the company's financing plans. However, the issuance of these convertible bonds is still contingent upon a registration approval decision from the China Securities Regulatory Commission (CSRC).

Lianrui New Material stated it will monitor progress and fulfill its information disclosure obligations. The company also advised investors to be aware of potential investment risks due to the uncertain timeline for the CSRC's decision.