Minmetals Capital to redeem all preferred shares worth 2 bn yuan

Minmetals Capital Company Limited announced its plan to redeem all 20 million shares of "Minmetals Capital Preferred 5" preferred stock, representing a total face value of 2 bn yuan. The redemption is scheduled for November 21, 2025, which also marks the fixed dividend payment date for these shares.

The redemption price will be the preferred stock's face value of 100 yuan per share, plus any accrued and unpaid dividends for the period from November 21, 2024, to November 20, 2025. This action follows the approval by the company's ninth board of directors during its twenty-seventh meeting on October 24, 2025.

The board's decision aligns with the authority granted by the 2022 third interim general meeting of shareholders to manage all matters related to the redemption of non-publicly issued preferred shares.