Admiralty Co., Ltd. announced that from December 1 to 22, 2025, the company's shares will trigger a “Admiralty Bond-to-Bond” conditional redemption clause. On December 22, the company decided to redeem all unconverted convertible bonds early. The redemption price is 100.20 yuan/sheet. The closing date of trading is January 15, 2026, the redemption registration date is January 19, and the redemption date is January 20. After the redemption is completed, “Admiralty Bonds” will be delisted. As of December 22, Xin Hongyan, a shareholder, director, and executive holding more than 5% of the shares, has cleared the “Golden Bell Convertible Bonds” position. Holders are reminded to transfer shares within a limited period of time, otherwise they may face losses.

Admiralty Co., Ltd. announced that from December 1 to 22, 2025, the company's shares will trigger a “Admiralty Bond-to-Bond” conditional redemption clause. On December 22, the company decided to redeem all unconverted convertible bonds early. The redemption price is 100.20 yuan/sheet. The closing date of trading is January 15, 2026, the redemption registration date is January 19, and the redemption date is January 20. After the redemption is completed, “Admiralty Bonds” will be delisted. As of December 22, Xin Hongyan, a shareholder, director, and executive holding more than 5% of the shares, has cleared the “Golden Bell Convertible Bonds” position. Holders are reminded to transfer shares within a limited period of time, otherwise they may face losses.