JTGROUP(SH:601609) Zheng Quan Zhi Xing·2025-08-21 16:36Core Viewpoint - Ningbo Jintian Copper Industry (Group) Co., Ltd. has announced the early redemption of its convertible bond "Jin Tong Convertible Bond" due to the stock price exceeding the redemption threshold, with the bond set to be delisted from the Shanghai Stock Exchange on August 26, 2025 [1][2][6]. Redemption Details - The last trading day for "Jin Tong Convertible Bond" is August 20, 2025, and the last conversion day is August 25, 2025 [1][6]. - The redemption price is set at 100.0477 CNY per bond, which includes accrued interest [4][6]. - The redemption registration date is August 25, 2025, and the redemption payment date is August 26, 2025 [3][6]. Conditions for Redemption - The company triggered the redemption clause as the stock price was above 130% of the conversion price (7.53 CNY) for 15 out of 30 trading days from July 14 to August 1, 2025 [2][3]. - The bond has stopped trading as of August 21, 2025, and holders must convert or redeem before the deadline [1][6]. Tax Implications - Individual investors are subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 100.0382 CNY per bond after tax [4][5]. Communication and Procedures - The company will notify bondholders of the redemption process and results through designated media after the redemption is completed [5][6].