Wuxi Zhenhua convertible corporate bonds successfully issued and listed-Wuxi Zhenhua Auto Parts Co., Ltd.

On July 14, 2025, Wuxi Zhenhua Auto Parts Co., Ltd. (stock abbreviation: Wuxi Zhenhua, stock code: 605319.SH) successfully listed its convertible corporate bonds issued to unspecified objects on the Shanghai Stock Exchange. The convertible bond is abbreviated as "Xi Zhen Convertible Bond" and its trading code is "111022".

The proceeds from this convertible bond issuance will primarily be used for the "Langfang Zhenhua Quanjing Shen Auto Parts Project" and to supplement working capital. The "Langfang Zhenhua Quanjing Shen Auto Parts Project" will improve overall production capacity to meet growing market demand by constructing new production buildings and related supporting facilities, and purchasing automated stamping, welding, and testing equipment. The successful implementation of the project will further enhance Wuxi Zhenhua's supporting service capabilities in the Beijing-Tianjin-Hebei region, consolidating and improving its industry competitiveness.

The successful listing of this convertible bond project is a significant milestone in the development history of Wuxi Zhenhua. It marks a solid step forward for the company in capital operation and strategic financing, fully reflecting the capital market's high recognition of its comprehensive strength, development potential, and governance level. This lays a solid foundation for future business expansion, technological upgrades, and market layout, further enhancing Wuxi Zhenhua's overall competitiveness and brand influence in the auto parts industry.

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