STO Express Co., Ltd. held a board meeting on August 4, 2026, and approved the proposal to terminate the issuance of convertible corporate bonds to unspecified investors and withdraw the application documents. On August 6, 2026, the company received a termination review decision from the Shenzhen Stock Exchange, which has formally terminated the review of the project. The company stated that the termination was an active withdrawal after careful consideration, and the sponsor CITIC Securities has simultaneously submitted a withdrawal application, but the reason for the termination was not disclosed.
STO Express Co LtdTermination of convertible bond offering and withdrawal of application
CITIC Securities Co Ltd
China Merchants Securities Co Ltd