Sino-Ocean Group Holding Limited (03377) announced an update regarding bonds issued by its wholly owned subsidiary, Beijing Sino-Ocean Group Holding Limited (formerly known as Sino-Ocean Holding Group (China) Limited). According to the information dated 26 November 2025, the subsidiary has been working on an overall plan to restructure certain onshore corporate bonds and interbank directed debt financing instruments. The plan adjusts principal and interest repayment arrangements and introduces multiple settlement options, including cash repurchase, equity economic income rights, and debt settlement with assets.
The subsidiary had suspended trading on seven existing corporate bonds—labeled “H15 Sino-Ocean 3,” “H15 Sino-Ocean 5,” “H18 Sino-Ocean 1,” “H19 Sino-Ocean 1,” “H19 Sino-Ocean 2,” “H21 Sino-Ocean 1,” and “H21 Sino-Ocean 2”—on the Shanghai Stock Exchange from 15 August 2025. During this period, bondholders’ meetings were convened, and the restructuring resolutions were passed. Trading in these bonds will resume from 27 November 2025, with transfers restricted to professional institutional investors on the Shanghai Stock Exchange’s integrated electronic platform for fixed income securities. The bonds will continue to use their existing codes and will be transferred on a full-price basis.
The subsidiary will sequentially initiate the cash repurchase, equity economic income right option, and debt settlement with assets under the approved restructuring plan. Further detailed arrangements will be subject to subsequent announcements. Sino-Ocean Group Holding Limited emphasized caution when dealing in its securities and stated that additional disclosures will be made as required by relevant regulations.
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