Anhui Jiangnan Chemical shareholder completes exchangeable bond issuance

Anhui Jiangnan Chemical Industry Co., Ltd. announced that its shareholder, Zijin Mining Investment (Shanghai) Co., Ltd. (referred to as "Zijin Investment"), holding over 5% of the shares, has completed the non-public issuance of exchangeable corporate bonds to professional investors. The issuance concluded on September 11, 2025, following Zijin Investment obtaining a "no objection" letter from the Shenzhen Stock Exchange and completing share pledge procedures.

The exchangeable bonds have an issuance size of 700 million yuan and a term of three years, with a coupon rate of 0.01%. The initial conversion price is 7.32 yuan per share. The conversion period will commence six months after the issuance completion date, specifically from March 12, 2026, until one trading day before the bond's maturity, September 8, 2028.

Zijin Investment utilized a portion of its A-shares in Anhui Jiangnan Chemical Industry as collateral for these bonds. Anhui Jiangnan Chemical Industry states it will continue to disclose relevant information regarding subsequent matters of these exchangeable bonds in accordance with regulations, advising investors to be aware of potential investment risks.