HONY MEDIA (00419) is issuing approximately 5.98 billion new shares through the exchangeable convertible bonds issuance.

Hongyi Cultural Group (00419) announced that the company has received a conversion notice from United Strength LS Limited (subscriber). According to this, the subscriber has exercised its rights and converted each share of convertible bonds at a adjusted conversion price of HKD 0.1003 per share, with a total principal amount of HKD 60 million for partial redemption. Therefore, the company issued approximately 598 million new shares to the subscriber on November 28, 2025. After the completion of this conversion, the remaining principal balance of the convertible bonds not yet exercised is HKD 60 million.