Yuguang convertible bonds to be redeemed and delisted

Henan Yuguang Gold & Lead Group Co. will redeem and delist its "Yuguang convertible bonds" after its stock price met a conditional redemption clause. The company's stock price traded at or above CNY 7.74 per share for 15 out of 30 consecutive trading days between October 27, 2025, and November 14, 2025.

The redemption registration date is December 18, 2025, with a redemption price of CNY 100.1060 per bond, including accrued interest. The last trading day for the convertible bonds is December 15, 2025, and the final conversion date is December 18, 2025. Investors are advised to convert or sell their bonds before these dates to avoid potential losses, given the current market price of CNY 191.471 per bond versus the redemption price.

Following the redemption, the "Yuguang convertible bonds" will be delisted from the Shanghai Stock Exchange starting December 19, 2025. The redemption funds will be distributed on December 19, 2025. Individual investors will incur a 20% income tax on the interest earned.