Yuguang convertible bonds: Final call for redemption and delisting

Henan Yuguang Gold & Lead Co. Ltd. has issued a final reminder for the redemption and delisting of its "Yuguang convertible bonds," effective December 19, 2025. The last trading day for the convertible bonds was December 15, 2025, and the last day for conversion into shares is December 18, 2025.

The company will redeem all registered "Yuguang convertible bonds" at a price of CNY 100.1060 per bond, inclusive of accrued interest, on the redemption registration date of December 18, 2025. The redemption payout date is set for December 19, 2025. Investors are strongly advised to convert their bonds to avoid being forcibly redeemed at this price, which is significantly lower than the last market closing price of CNY 181.919 per bond on December 15, 2025.

The company's stock triggered the conditional redemption clause by closing at or above 130% of its current conversion price of CNY 5.95 per share for fifteen trading days within a thirty-day period between October 27 and November 14, 2025. Unconverted or frozen bonds will be forcibly redeemed, potentially leading to substantial investment losses.