Nanshan Aluminum announced that it was recently notified by Dongnan Mountain Group, the holding stock, that it issued 23 Nan01EB exchangeable corporate bonds on April 21, 2023, with an issuance scale of 883.3 million yuan and completed delisting on December 8, 2025. As of November 25, 2025, the bond has been fully exchanged, for a total of 254 million shares. As of the disclosure date of the announcement, Nanshan Group and its co-actor Yili Electric held a total of 4.912 billion shares, accounting for 42.29% of the total share capital.

Nanshan Aluminum announced that it was recently notified by Dongnan Mountain Group, the holding stock, that it issued 23 Nan01EB exchangeable corporate bonds on April 21, 2023, with an issuance scale of 883.3 million yuan and completed delisting on December 8, 2025. As of November 25, 2025, the bond has been fully exchanged, for a total of 254 million shares. As of the disclosure date of the announcement, Nanshan Group and its co-actor Yili Electric held a total of 4.912 billion shares, accounting for 42.29% of the total share capital.