CHINA STATE CON (HKEX: 03311) has announced the full redemption of its $500 million subordinated guaranteed perpetual capital securities.

The company, operating under the name China State Construction International Holdings Limited, issued a notice regarding the redemption of the CHSCOI 3.4 PERP securities. According to the terms and conditions, the issuer was entitled to redeem all outstanding principal on or after the first call date, provided notice was given between 30 and 60 days in advance, along with payment of any accrued distributions up to the specified redemption date.

The issuer completed the redemption of the entire outstanding principal amount on June 8, 2026. As of the announcement date, there is no remaining balance for these securities.

Consequently, the issuer has applied to the Hong Kong Stock Exchange for the withdrawal of the listing of these securities. The delisting is expected to take effect after market close on June 16, 2026.