Yuguang convertible bonds near redemption trigger conditions

Henan Yuguang Gold & Lead Group announced its "Yuguang convertible bonds" (bond code: 110096) are nearing the conditions for optional redemption. The convertible bonds were issued on August 12, 2024, with a total value of 710,000,000 yuan, and began trading on the Shanghai Stock Exchange on September 3, 2024. The initial conversion price was 6.17 yuan per share, later adjusted to 5.95 yuan per share effective July 11, 2025, due to a profit distribution.

As of November 7, 2025, the company's stock has closed at or above 130% of the current conversion price (5.95 yuan per share, equivalent to 7.74 yuan per share) for ten trading days. If the stock price continues this trend for five more trading days within the next twenty consecutive trading days, the optional redemption clause will be triggered.

Should the redemption conditions be met, Henan Yuguang Gold & Lead Group will determine whether to redeem all or part of the outstanding "Yuguang convertible bonds" at face value plus accrued interest. Investors are advised to thoroughly understand the redemption terms and potential impacts, and to pay attention to subsequent announcements and investment risks.