USISH(SH:601231) Shang Hai Zheng Quan Bao·2026-01-21 19:22Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Huanxu Convertible Bonds," with specific dates and conditions for investors to be aware of [1][4][12]. Group 1: Redemption Details - The last trading day for "Huanxu Convertible Bonds" is January 23, 2026, with only 2 trading days remaining as of January 21, 2026 [2][11]. - The last conversion date for the bonds is January 28, 2026, with 5 trading days left as of January 21, 2026 [3][11]. - The redemption price is set at 101.6323 yuan per bond, which includes the face value and accrued interest [4][8]. Group 2: Conditions for Redemption - The conditional redemption clause has been triggered as the company's stock price has met the criteria of being above 130% of the conversion price for at least 20 out of 30 trading days [5][7]. - The redemption registration date is January 28, 2026, and the redemption payment date is January 29, 2026 [6][10]. Group 3: Investor Actions - Investors are advised to either convert their bonds at the conversion price of 18.58 yuan per share or sell them in the secondary market before the last trading day to avoid forced redemption [4][17]. - If the bonds are not converted or sold by the deadline, they will be forcibly redeemed at the specified price, potentially leading to significant investment losses [4][17]. Group 4: Tax Implications - Individual investors will be subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 101.30584 yuan per bond after tax [13]. - Resident enterprises are responsible for their own tax payments on bond interest income, with the same gross redemption amount applicable [14]. Group 5: Communication - The company provides contact information for its securities department for any inquiries related to the bond redemption process [18].