Angel Yeast's controlling shareholder, Hubei Angel Bio Group, has completed the issuance of the first tranche of its 2026 privately placed sci-tech innovation exchangeable corporate bonds for professional investors. The issuance size is 1 billion yuan, with a coupon rate of 0.01 percent. The bonds have a term of three years and are secured by 45 million Angel Yeast shares held by the controlling shareholder. The share exchange period runs from February 12, 2027 to August 10, 2029. In the first quarter of 2026, Angel Yeast achieved revenue of 4.534 billion yuan and net profit attributable to the parent company of 426 million yuan.
Angel Yeast Co LtdControlling shareholder issues exchangeable bonds secured by shares; no direct impact on company operations.
Completed issuance of 1 billion yuan exchangeable bonds; financing event for the shareholder.
