Kinwong(SH:603228) Shang Hai Zheng Quan Bao·2025-09-24 21:16Core Viewpoint - The company announces the redemption of its convertible bond "Jing 23 Convertible Bond" (景23转债), with the last trading day on September 25, 2025, and the last conversion day on September 30, 2025, leading to its delisting on October 9, 2025 [2][3][8]. Redemption Details - The redemption price is set at 100.515 CNY per bond, which includes the face value and accrued interest [11][12]. - The accrued interest is calculated based on a 1.0% annual coupon rate over 188 days, resulting in an interest of 0.515 CNY per bond [12]. - The company has triggered the conditional redemption clause due to the stock price exceeding 130% of the conversion price for 15 trading days [6][9]. Important Dates - Last trading day for "Jing 23 Convertible Bond" is September 25, 2025 [2]. - Last conversion day is September 30, 2025 [3]. - Redemption registration date is September 30, 2025 [6]. - Redemption payment date is October 9, 2025 [15]. Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption at a lower price [4][16]. - The company emphasizes the importance of understanding the convertible bond regulations and the potential risks involved [5][16].