Yuguang convertible bonds: Redemption and delisting imminent

Henan Yuguang Gold & Lead Co., Ltd. has announced the upcoming redemption and delisting of its "Yuguang convertible bonds" after conditional redemption clauses were triggered. The redemption registration date is December 18, 2025, with redemption funds to be distributed on December 19, 2025. The final trading day for "Yuguang convertible bonds" will be December 15, 2025, and the last conversion day will be December 18, 2025.

The redemption price has been set at 100.1060 yuan per bond. From December 19, 2025, the "Yuguang convertible bonds" will be delisted from the Shanghai Stock Exchange. Investors are strongly advised to convert or sell their bonds before the respective deadlines to avoid potential significant investment losses.

As of December 10, 2025, the secondary market price of "Yuguang convertible bonds" was 185.526 yuan per bond, significantly higher than the redemption price. Failure to convert or sell in time will result in forced redemption at the lower price, potentially leading to substantial losses for investors. Investors whose bonds are pledged or frozen should resolve these issues before the trading cessation date to ensure eligibility for conversion.