浙江新化化工股份有限公司关于实施“新化转债”赎回暨摘牌的第五次提示性公告

Core Viewpoint - Zhejiang Xinhua Chemical Co., Ltd. has announced the early redemption and delisting of its convertible bonds, "Xinhua Convertible Bonds," effective December 26, 2025, following the fulfillment of specific redemption conditions [1][4]. Redemption Details - The last trading day for "Xinhua Convertible Bonds" is December 22, 2025, with the final conversion date set for December 25, 2025 [2][3]. - The redemption price is set at 100.1151 CNY per bond, which includes accrued interest of 0.1151 CNY per bond [4][8]. - The company has triggered the conditional redemption clause as the stock price has remained above 130% of the conversion price for 15 trading days [6][10]. Conditions for Redemption - The redemption conditions are met if the stock price is at least 130% of the conversion price (19.81 CNY) for 15 out of 30 consecutive trading days [6][10]. - The redemption registration date is December 25, 2025, and the redemption payment date is December 26, 2025 [5][10]. Tax Implications - Individual investors are subject to a 20% tax on interest income, resulting in a net redemption amount of 100.0921 CNY per bond after tax [11][12]. - Qualified foreign institutional investors will receive the full pre-tax redemption amount of 100.1151 CNY per bond [12]. Trading and Delisting - "Xinhua Convertible Bonds" will cease trading from December 23, 2025, and will be delisted from the Shanghai Stock Exchange on December 26, 2025 [4][10].