Xinjiang Communications announces early redemption of convertible bonds

Xinjiang Communications Construction Group Co., Ltd. has announced the early redemption of its "Jiaojian convertible bond" following the satisfaction of the redemption conditions. The redemption price is set at 100.044 yuan per bond (including accrued interest and tax), with the final after-tax price subject to approval by China Securities Depository and Clearing Corporation Limited.

The redemption registration date is September 22, 2025, with the actual redemption date set for September 23, 2025. Trading of the "Jiaojian convertible bond" will cease on September 18, 2025, and conversions will stop on September 23, 2025. All bonds not converted by the close of market on September 22, 2025, will be subject to mandatory redemption.

Investors are strongly advised to convert their bonds before the deadline, as the redemption price may differ significantly from the market price. The company will process the redemption payment to investor accounts by September 30, 2025, after which the bonds will be delisted from the Shenzhen Stock Exchange.