Summary of Key Points Core Viewpoint - The company, Weining Health Technology Group Co., Ltd., has announced the conditional redemption of its convertible bonds ("Weining Convertible Bonds") due to the stock price falling below a specified threshold, allowing bondholders to sell their bonds back to the company at a predetermined price [1][4]. Group 1: Redemption Conditions - The redemption condition is triggered when the company's stock price remains below 70% of the current conversion price of 17.45 CNY per share, which is 12.22 CNY per share, for thirty consecutive trading days [1][2]. - The redemption period is set from March 16, 2025, to April 28, 2025, during which bondholders can exercise their right to redeem their bonds [1][5]. Group 2: Redemption Price Calculation - The calculated redemption price for the Weining Convertible Bonds is 100.281 CNY per bond, which includes accrued interest [4]. - The interest rate for the bonds is set at 1.8%, and the accrued interest for the period from March 16, 2025, to May 12, 2025, is calculated to be 0.281 CNY per bond [3][4]. Group 3: Tax Implications - Individual investors and securities investment funds will have a 20% withholding tax on interest income, resulting in a net redemption amount of 100.225 CNY per bond [4]. - Qualified foreign institutional investors (QFII and RQFII) are exempt from income tax, receiving the full redemption amount of 100.281 CNY per bond [4]. Group 4: Redemption Process - The company will announce the redemption details on the trading day following the fulfillment of the redemption conditions and will provide daily updates until the end of the redemption period [5]. - Bondholders must submit their redemption requests between May 12, 2025, and May 21, 2025, and once confirmed, these requests cannot be revoked [5]. Group 5: Trading During Redemption Period - The Weining Convertible Bonds will continue to trade during the redemption period, but conversion to stock will be suspended [5].
卫宁健康: 关于卫宁转债回售的第六次提示性公告