Shandong Humon Smelting to suspend bond conversion

Shandong Humon Smelting Co., Ltd. (SZSE:002237) will suspend the conversion of its "Hengbang Convertible Bonds" (SZSE:127086) from May 30, 2025, until the equity registration date for its 2024 annual equity distribution. The suspension is triggered by the upcoming implementation of the company's 2024 profit distribution and capital reserve increase plan, approved at the April 18, 2025 shareholder meeting. The conversion will resume on the first trading day following the equity registration date. During the suspension period, the "Hengbang Convertible Bonds" will continue to trade normally. The current conversion price stands at CNY 11.33 per share.