Guocheng Mining to redeem convertible bonds early

Guocheng Mining Co., Ltd. is exercising its right to early redeem its "Guocheng Convertible Bonds." The last day for investors to convert their bonds into shares will be December 11, 2025, after which unconverted bonds will cease to be convertible. The company strongly advises bondholders to carefully review the announcement and note the final conversion deadline to avoid potential losses.

The redemption price for each bond is 100.82 yuan, which includes accrued interest. The convertible bonds will stop trading on December 9, 2025, and the redemption registration date is December 11, 2025. Following the redemption, "Guocheng Convertible Bonds" will be delisted from the Shenzhen Stock Exchange.

The early redemption was triggered because the company's stock price met the condition of closing at or above 130% of the current conversion price (16.354 yuan/share) for at least 15 trading days within a 30-trading-day period from October 30, 2025, to November 19, 2025. The company's board of directors approved this action on November 19, 2025.