Guocheng Mining addresses abnormal trading in its stock, convertible bonds

Guocheng Mining announced abnormal fluctuations in its stock and convertible bonds. The company's stock experienced a cumulative deviation of over 20% across three trading days (November 13, 14, and 17, 2025). Concurrently, its convertible bonds also saw a cumulative price deviation exceeding 30% over the same period.

The company clarified that on November 7, 2025, it convened board and supervisory meetings to approve a significant asset acquisition and related party transaction. This, along with other previously disclosed information, remains unchanged and accurate. Guocheng Mining stated that its normal operations and external business environment have remained stable, with no undisclosed material information from the company, its controlling shareholder, or actual controller.

Guocheng Mining cautioned investors about its convertible bonds, whose price reached CNY 232.949 per bond, significantly above its face value of CNY 100.00. The company also highlighted a potential redemption risk, as its stock price has met the conditions for conditional redemption of the convertible bonds. Investors are advised to exercise caution.