Rongtai health(SH:603579) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-05 05:02Core Points - The company has announced the early redemption of "Rongtai Convertible Bonds" due to the stock price meeting the conditions for conditional redemption [2][6] - The last trading day for "Rongtai Convertible Bonds" is September 8, 2025, and the last conversion day is September 11, 2025 [12][14] - The redemption price is set at 102.1713 CNY per bond, which includes the face value and accrued interest [7][11] Redemption Conditions - The redemption condition was triggered as the company's stock price was above 130% of the conversion price for at least 15 out of 30 trading days [2][6] - The redemption will apply to all unconverted "Rongtai Convertible Bonds" registered by the redemption registration date [6][10] Financial Details - The accrued interest is calculated using the formula: IA = B × i × t / 365, where B is the total face value, i is the annual coupon rate of 2.5%, and t is the number of days from the last interest payment to the redemption date [4][7] - The total accrued interest per bond is 2.1713 CNY, leading to a total redemption amount of 102.1713 CNY per bond [7][11] Tax Implications - Individual investors are subject to a 20% tax on the interest income, resulting in a net redemption amount of 101.7370 CNY per bond after tax [8][9] - For qualified foreign institutional investors, the redemption amount will be distributed on a pre-tax basis [9] Important Dates - Redemption registration date is September 11, 2025, and the redemption payment date is September 12, 2025 [4][11] - The bonds will be delisted from the Shanghai Stock Exchange starting September 12, 2025 [13]