Humon Smelting announces early redemption of Hengbang convertible bonds

Shandong Humon Smelting Co., Ltd. has announced the early redemption of its "Hengbang convertible bonds," effective November 28, 2025. The redemption price is set at 100.28 yuan per bond, including accrued interest. The company met the redemption conditions between September 9 and October 17, 2025, with its stock price consistently exceeding 130% of the current conversion price of 11.19 yuan per share.

Trading of "Hengbang convertible bonds" will cease on November 25, 2025. The redemption registration date is November 27, 2025, and the cessation of conversion to shares is November 28, 2025. Funds for the redemption are expected to reach the company's account by December 3, 2025, and bondholders' accounts by December 5, 2025.

The company strongly advises bondholders to convert their bonds into shares before the November 28 deadline, warning that failure to do so could result in losses due to potential market price discrepancies with the redemption price. Unconverted bonds will be forcibly redeemed, and the "Hengbang convertible bonds" will be delisted from the Shenzhen Stock Exchange.