Tianjin Teda bondholders approve early redemption proposal

Tianjin Teda Co., Ltd. announced the results of its first bondholders' meeting in 2025, where a proposal for the early redemption of "20 Teda 01" bonds was approved. The meeting, held on February 13, 2025, saw holders representing 86.24% of the outstanding bond principal vote, with approximately 73.95% voting in favor of the early redemption. The proposal involved redeeming bonds with a face value of 33,500,000.00 yuan. Beijing Jincheng Tongda law firm attested that the convening, procedures, attendees, and voting results of the bondholder’s meeting are legal and valid. The meeting was convened by Founder Securities, the lead underwriter for the bond issuance.