Asia-Pacific Light Alloy convertible bonds near early redemption threshold

Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. announced that its "Aakko convertible bonds" may soon meet the conditions for early redemption. From November 6, 2025, to November 19, 2025, the company's stock closing price has been at or above 130% of the current conversion price (RMB 5.29 per share) for 10 trading days. The threshold for redemption is met if this condition persists for at least 15 trading days within any continuous 30-trading-day period during the conversion period.

Should the redemption conditions be formally triggered, the company reserves the right to redeem all or part of the unconverted "Aakko convertible bonds" at face value plus accrued interest. The convertible bonds have a conversion period from September 15, 2023, to March 8, 2029. Investors are advised to monitor the situation and note the investment risk. The company will convene a board meeting to decide on exercising the redemption right and fulfill disclosure obligations once the conditions are met.