Ganfeng Lithium to Redeem Remaining HK$40 Million Convertible Bonds After Majority Conversion

Reuters12-09
<a href="https://laohu8.com/S/002460">Ganfeng Lithium</a> to Redeem Remaining HK$40 Million Convertible Bonds After Majority Conversion

Ganfeng Lithium Group Co. Ltd. has announced an update regarding its HK$1,370,000,000 1.50% convertible bonds due 2026. Following the completion of the bond issue, holders of bonds with a total principal amount of HK$1,330,000,000 have exercised their conversion rights. The company will fully redeem the remaining outstanding convertible bonds, amounting to HK$40,000,000, at 100% of their principal value plus accrued interest on December 18, 2025. Upon redemption, Ganfeng Lithium will seek the withdrawal of the bonds' listing from the Vienna Stock Exchange. A total of 39,501,025 H shares-representing approximately 8.19% of total H shares and 1.88% of total shares issued-are expected to have been issued as a result of these conversions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ganfeng Lithium Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251209-11950257), on December 09, 2025, and is solely responsible for the information contained therein.
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