CFMOTO convertible bond issuance gets Shanghai Stock Exchange approval

Zhejiang CFMOTO Power Co., Ltd. announced that its application for the issuance of convertible corporate bonds has been approved by the Shanghai Stock Exchange Listing Committee. The committee's 56th review meeting of 2025 on November 19, 2025, concluded that the company's application meets the conditions for issuance, listing, and information disclosure requirements.

The proposed convertible bond issuance, however, still requires the approval of the China Securities Regulatory Commission (CSRC) for registration before it can proceed. The company explicitly stated that the ultimate decision from the CSRC and its timing remain uncertain.

Zhejiang CFMOTO Power will continue to monitor the progress and ensure timely information disclosure in accordance with relevant laws and regulations. Investors are advised to be aware of the investment risks and exercise rational judgment.