Country Garden Holdings Group (00884.HK): The principal amount of 62.3516 million US dollars of mandatory convertible bonds will automatically and mandatorily convert into shares at the ordinary conversion price.

Wisdom Finance News APP, Sunac China Holdings Group (00884.HK) announced that the second regular mandatory conversion record date has occurred on June 30, 2026. According to the trust deed, if the cumulative principal amount of mandatory convertible bonds converted by June 30, 2026, does not exceed 40% of the principal amount of the convertible bonds (equivalent to approximately $1.63 billion), the scheduled mandatory conversion will be triggered, and some of the mandatory convertible bonds will be forcibly converted. As of the second regular mandatory conversion record date, the total principal amount of mandatory convertible bonds actually converted by June 30, 2026, is $1.568 billion, which does not exceed $1.63 billion. Therefore, the mandatory convertible bonds with a principal amount of $62.3516 million will automatically and forcibly converted into shares based on the terms and conditions of the mandatory convertible bonds on the relevant scheduled conversion date (expected to be July 10, 2026) at the ordinary conversion price. As of the date of this announcement, the current ordinary conversion price is HK$1.60 per share.