FREEWON(SH:688678) Xin Lang Cai Jing·2026-01-29 20:54Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Fu Li Convertible Bonds," with specific dates and conditions for investors to be aware of [1][4][14]. Group 1: Redemption Details - The last trading day for "Fu Li Convertible Bonds" is set for February 5, 2026, with only 5 trading days remaining as of January 29, 2026 [2][13]. - The last conversion date for the bonds is February 10, 2026, with 8 trading days left as of January 29, 2026 [3][13]. - The redemption price is set at 100.3967 CNY per bond, which includes accrued interest [10][12]. Group 2: Conditions for Redemption - The conditional redemption clause has been triggered as the company's stock price has been above 130% of the conversion price for at least 15 trading days within a 30-day period [5][8]. - The company has the right to redeem all or part of the unconverted bonds if the balance is less than 30 million CNY or if the stock price condition is met [7][8]. Group 3: Redemption Process - The redemption registration date is February 10, 2026, and the redemption payment date is February 11, 2026 [9][12]. - All bonds registered with the China Securities Depository and Clearing Corporation will be frozen after the registration date [12][19]. Group 4: Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of approximately 100.3174 CNY per bond after tax [15][16].