On December 4, Guanghua Co., Ltd. (001333.SZ) announced that on December 4, 2023, the company held the 3rd meeting of the 3rd board of directors and the 3rd meeting of the 3rd board of supervisors to deliberate and pass the “Proposal on Ending Issuance of Convertible Corporate Bonds to Unspecified Targets”, agreeing that the company will stop issuing convertible corporate bonds to unspecified targets.

Since the company disclosed plans to issue convertible corporate bonds to unspecified targets, the company and intermediaries have actively and orderly promoted convertible bond-related work. After comprehensively considering many factors such as the current capital market environment and policy changes, capital operation plans, etc., and after full communication with intermediaries, the company decided to discontinue the issuance of convertible corporate bonds to unspecified targets.