Shandong Humon Smelting calls Hengbang convertible bonds for early redemption

Shandong Humon Smelting Co. announced the early redemption of its "Hengbang Convertible Bonds," effective November 28, 2025. The redemption price is set at 100.28 yuan per bond, which includes accrued interest.

The decision was made after the company's stock price consistently closed at or above 130% of the current conversion price for at least 15 trading days within a 30-day period between September 9 and October 17, 2025.

The last trading day for the convertible bonds will be November 25, 2025, and the last day for conversion to shares is November 27, 2025. Investors are strongly advised to convert their bonds into shares before the deadline to avoid potential losses, as the redemption price may significantly differ from the market price. Bonds not converted by the redemption registration date of November 27, 2025, will be compulsorily redeemed.

Following the redemption, "Hengbang Convertible Bonds" will be delisted from the Shenzhen Stock Exchange. Funds for the redemption are expected to reach the issuer's account by December 3, 2025, with investor accounts credited by December 5, 2025.