WEIMING(SH:603568) Shang Hai Zheng Quan Bao·2025-12-15 20:47Core Viewpoint - The company, Zhejiang Weiming Environmental Protection Co., Ltd., has announced the early redemption of its "Wei 24 Convertible Bonds" due to the stock price exceeding the redemption conditions, with trading ceasing on December 15, 2025, and the bonds being delisted on December 18, 2025 [2][4][13]. Redemption Details - The last conversion date for the "Wei 24 Convertible Bonds" is December 17, 2025, with only two trading days remaining before this date [3][12]. - The redemption price is set at 100.2904 CNY per bond, which includes the face value and accrued interest [9][11]. - The redemption registration date is December 17, 2025, and the redemption payment date is December 18, 2025 [6][11]. Conditions for Redemption - The redemption conditions were met as the company's stock price was above 130% of the conversion price for 15 out of 16 trading days from November 5 to November 26, 2025 [5][8]. - The company has the right to redeem the bonds if the stock price conditions are satisfied or if the remaining balance of unconverted bonds is less than 30 million CNY [7][8]. Trading and Conversion - Trading of the "Wei 24 Convertible Bonds" has ceased as of December 15, 2025, and investors are reminded to convert their bonds within the specified timeframe [12][18]. - After the redemption, the bonds will be delisted from the Shanghai Stock Exchange [4][13]. Tax Implications - Individual investors are subject to a 20% tax on the interest income from the bonds, affecting the net redemption amount [14][15].