FREEWON(SH:688678) Xin Lang Cai Jing·2026-02-05 18:10Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Fu Li Convertible Bonds," effective February 6, 2026, with a final conversion date of February 10, 2026 [2][3][4]. Redemption Details - The last trading day for "Fu Li Convertible Bonds" is February 5, 2026, and the bonds will be redeemed at a price of 100.3967 CNY per bond [4][10]. - The redemption will occur on February 11, 2026, and all bonds not converted will be forcibly redeemed at the specified price [4][12]. - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price for at least 15 trading days [5][8]. Investor Actions - Investors are advised to convert or sell their bonds before the trading suspension to avoid potential losses [5][17]. - The company emphasizes the importance of acting within the specified timeframe to prevent forced redemption [4][17]. Tax Implications - Individual investors will be subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of 100.3174 CNY per bond after tax [15]. - For qualified foreign institutional investors, the full redemption amount of 100.3967 CNY per bond will be distributed without tax deductions [16].