Guocheng Mining sets early redemption for convertible bonds, trading to cease

Guocheng Mining Co., Ltd. has initiated the early redemption of its "Guocheng Convertible Bonds," with the final trading day set for December 8, 2025. Following this, the bonds will cease trading after market close on December 8, 2025. The last day for bondholders to convert their bonds into shares is December 11, 2025, after which unconverted bonds will also cease to be convertible.

The redemption price for each bond is RMB100.82, which includes accrued interest at an annual rate of 2.00% for the current period, before tax. The redemption condition was met on November 19, 2025, as the company's stock price met the threshold for 15 trading days. The redemption is a full redemption of all outstanding bonds.

The redemption funds are expected to reach the China Securities Depository and Clearing Corporation Limited account by December 17, 2025, and bondholders' accounts by December 19, 2025. Investors are strongly advised to convert or sell their bonds before the respective deadlines to avoid potential losses, as unconverted bonds will be compulsorily redeemed, and the bonds will be delisted from the Shenzhen Stock Exchange following the redemption.