Xizi convertible bonds to resume conversion on May 29

Hangzhou Boiler Group Co., Ltd. (SZSE:002534) has announced that the "Xizi Convertible Bonds" will resume conversion into shares starting May 29, 2025. The resumption follows the company's implementation of its 2024 equity distribution plan. As per the terms outlined in the company's convertible bond prospectus, share conversion was temporarily suspended from May 21, 2025, until the equity registration date for the distribution. With the equity registration date set for May 28, 2025, the conversion will resume on the subsequent trading day. Detailed information regarding the equity distribution was disclosed on May 22, 2025, in publications including the "Securities Times," "China Securities Journal," "Securities Daily," and on the Juchao Information website (www.cninfo.com.cn) under announcement number 2025-057. The initial conversion period for the bonds began on June 30, 2022, and will continue until December 23, 2027, with a prior suspension in effect from May 21, 2025, to May 28, 2025.