WPG(SH:603956) Zheng Quan Zhi Xing·2025-03-24 08:20Core Viewpoint - The company announces the redemption and delisting of its convertible bonds, "Weipai Convertible Bonds," with specific dates and conditions for investors to be aware of [1][2][3]. Redemption Details - Redemption registration date is set for March 28, 2025 [1][2]. - Redemption price is 100.9337 CNY per bond [1][3]. - Redemption payment date is March 31, 2025 [1][6]. - Last trading day for the bonds is March 25, 2025 [1][6]. - Last conversion date is also March 28, 2025 [1][6]. Conditions for Redemption - The bonds have triggered the conditional redemption clause as the company's stock price was above 130% of the conversion price for 15 consecutive trading days [1][3]. - The conversion price is set at 6.06 CNY per share, with the stock price reaching 7.88 CNY [1][3]. Interest and Taxation - The accrued interest for the bonds is calculated to be 0.9337 CNY per bond, leading to a total redemption amount of 100.9337 CNY before tax [4][5]. - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.7470 CNY after tax [4][5]. Redemption Process - The company will notify bondholders of the redemption details before the redemption period ends [6]. - Bonds will be frozen after the registration date, and all unconverted bonds will be redeemed at the specified price [7]. Delisting Information - The "Weipai Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting March 31, 2025 [1][6].