Yueyang Group (03377.HK) issued 1,041,600 new shares due to the conversion of mandatory convertible bonds.

The Zhitong Financial News App reported that China Overseas Land & Investment Limited (03377.HK) announced that on July 24, 2026, the company issued 1,041,600 new shares through the conversion distribution of the mandatory convertible bonds of B Group with zero interest due in 2027, which were issued on March 27, 2025.