Zhongjin Lingnan announces early redemption of convertible bonds
Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd. has issued its sixth reminder regarding the early redemption of its "Zhongjin Convertible Bonds." The redemption price is set at CNY 100.70 per bond, including accrued interest at an annual rate of 2.00%. The redemption is scheduled for November 26, 2025, with the redemption registration date being November 25, 2025. Trading of the bonds will halt on November 21, 2025, and the conversion into shares will cease on November 26, 2025.
The company's board of directors approved the early redemption on October 30, 2025, after redemption conditions were met. The redemption applies to all bonds registered as of the redemption registration date. Investors are advised that bonds not converted by the redemption registration date will be compulsorily redeemed at CNY 100.70 per bond, which may result in losses given current market price differences.
The redemption proceeds are expected to reach the company's account by December 1, 2025, and be credited to investors' accounts by December 3, 2025. After the redemption, the "Zhongjin Convertible Bonds" will be delisted from the Shenzhen Stock Exchange.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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