GSP GROUP(SH:605088) Xin Lang Cai Jing·2025-07-17 18:36Core Viewpoint - The company, Wenzhou Guansheng Automotive Parts Group Co., Ltd., has announced the early redemption and delisting of its convertible bonds, "Guansheng Convertible Bonds," with specific dates and conditions for bondholders to act upon [1][2][4]. Redemption Details - Redemption Registration Date: July 28, 2025 [2] - Redemption Price: 100.4537 CNY per bond [9] - Redemption Payment Date: July 29, 2025 [14] - Last Trading Day: July 23, 2025 [2][15] - Last Conversion Day: July 28, 2025 [3][15] Conditions for Early Redemption - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for 15 trading days [5][7]. - The conversion price was adjusted to 16.41 CNY per share after a profit distribution [5]. Investor Actions - Bondholders are advised to convert or sell their bonds within the specified time frame to avoid forced redemption at the set price [4][18]. - If not converted, the bonds will be frozen after the registration date and redeemed at 100.4537 CNY per bond [17]. Tax Implications - Individual investors are subject to a 20% tax on interest income, affecting the net amount received upon redemption [10][11]. Post-Redemption Actions - Following the redemption, the "Guansheng Convertible Bonds" will be delisted from the Shanghai Stock Exchange on July 29, 2025 [4][16].