SHHG(SH:603131) Xin Lang Cai Jing·2026-01-15 19:29Core Viewpoint - The announcement details the redemption and delisting of the "HuGong Convertible Bonds" (沪工转债), with specific dates and conditions for bondholders to act before the final trading and conversion dates [1][4][17]. Redemption Details - The last trading day for the "HuGong Convertible Bonds" is January 16, 2026, with only one trading day remaining as of January 15, 2026 [2][13]. - The last conversion date for the bonds is January 21, 2026, with four trading days left as of January 15, 2026 [3][13]. - The bonds will be redeemed at a price of 101.4268 CNY per bond, which includes the face value and accrued interest [4][9]. Conditions for Redemption - The conditional redemption was triggered as the company's stock price met the requirement of being at least 130% of the conversion price (21.09 CNY), specifically reaching 27.417 CNY during 15 out of 30 trading days from November 12 to December 9, 2025 [5][8]. - The redemption registration date is January 21, 2026, and the redemption payment date is January 22, 2026 [6][12]. Investor Actions - Bondholders are advised to either convert their bonds at the conversion price of 21.09 CNY per share or sell them in the secondary market before the last trading day to avoid forced redemption [4][18]. - If not converted or sold, the bonds will be forcibly redeemed at the set price, potentially leading to significant investment losses due to the difference between market price and redemption price [4][17]. Delisting Information - The "HuGong Convertible Bonds" will be delisted from the Shanghai Stock Exchange starting January 22, 2026, following the completion of the redemption process [4][14].