Zhonghua Gas to Issue RMB 30 Million in Convertible Bonds

• Zhonghua Gas Holdings agreed on October 20, 2026, to issue RMB 30 million of convertible bonds under two subscription agreements.
• The bonds carry an 8% annual coupon, mature 18 months from issuance and convert at HKD 0.88 per share.
• Full conversion would create 39,811,362 shares, representing approximately 6.3% of enlarged share capital.
• Estimated net proceeds of RMB 29.6 million will fund the Lao LNG Project, working capital and outstanding payables.
• Completion remains conditional on Stock Exchange clearance for the conversion shares, with conditions due by November 10, 2026, unless extended.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhonghua Gas Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261020-12377398), on October 20, 2026, and is solely responsible for the information contained therein.