Asia-Pacific Light Alloy bondholders reduce convertible debt stake

Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. announced that its actual controllers, Zhou Fuhai and Yu Lifen, have collectively reduced their holdings in "APAT Convertible Bonds" by 1,213,300 bonds, representing 10.47% of the total issuance. This transaction occurred between September 9, 2025, and November 17, 2025, through competitive bidding and block trading.

Prior to this change, Zhou Fuhai held 2,501,191 bonds (21.58%) and Yu Lifen held 100,000 bonds (0.86%), totaling 2,601,191 bonds or 22.44% of the issuance. Following the reduction, Zhou Fuhai now holds 1,363,831 bonds (11.77%) and Yu Lifen holds 24,060 bonds (0.21%), bringing their combined total to 1,387,891 bonds, or 11.97% of the total issuance.

The company affirmed that this change in bondholder proportions complies with relevant regulations, including the Shenzhen Stock Exchange Listing Rules.