New Hope Liuhe's controlling shareholder repurchases exchangeable bonds

New Hope Liuhe (SZSE:000876) announced that its controlling shareholder, New Hope Group, has completed the partial repurchase of the first tranche of its non-publicly issued 2023 exchangeable bonds, designated "23希望E1" (bond code: 117205.SZ). The bonds, initially issued on March 22, 2023, to professional investors, had an issuance size of CNY 6.5 billion with a term of three years, exchangeable into New Hope Liuhe A-shares. The repurchase, conducted between June 6 and June 10, 2025, saw New Hope Group receiving tenders for 9,249,300 bonds. New Hope Group settled the full amount of validly tendered bonds on June 25, 2025. Following the repurchase, the remaining face value of "23希望E1" bonds totals CNY 4,830,570,000.00, which New Hope Group will continue to honor according to the original agreement. New Hope Group will proceed to cancel the repurchased bonds and coordinate with the trustee and China Securities Depository and Clearing Corporation to release the corresponding shares of New Hope Liuhe from pledge and trust.