Rongtai health(SH:603579) Zheng Quan Zhi Xing·2025-09-01 11:17Core Points - The company is implementing the early redemption of "Rongtai Convertible Bonds" with a redemption price of 102.1713 CNY per bond [1][4] - The last trading day for the bonds is set for September 8, 2025, and the last conversion day is September 11, 2025 [1][6] - The redemption will take effect on September 12, 2025, when the bonds will be delisted from the Shanghai Stock Exchange [1][7] Redemption Details - The redemption registration date is September 11, 2025, and the redemption payment date is September 12, 2025 [1][4] - The company has triggered the conditional redemption clause due to the stock price exceeding 130% of the conversion price for at least 15 trading days [2][3] - The calculation for the accrued interest is based on a formula that considers the bond's face value, interest rate, and the number of days until redemption [3][4] Tax Implications - Individual investors will be subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 101.7370 CNY per bond after tax [4][5] - Qualified foreign institutional investors will receive the full redemption amount of 102.1713 CNY per bond without tax deductions [5] Trading and Conversion - Investors are advised to convert or sell their bonds before the last trading day to avoid forced redemption [2][6] - The company will notify bondholders of the redemption process and results through designated media after the redemption is completed [5][6]