WAZAM(SH:603186) Shang Hai Zheng Quan Bao·2026-02-05 18:27Core Viewpoint - The company, Zhejiang Huazheng New Materials Co., Ltd., has announced the early redemption of its convertible bonds ("Huazheng Convertible Bonds") due to the fulfillment of certain conditions, with the last trading day set for February 10, 2026, and the bonds to be delisted from the Shanghai Stock Exchange on February 24, 2026 [2][4][13]. Redemption Details - The last conversion date for the bonds is February 13, 2026, with only six trading days remaining as of February 5, 2026 [3][12]. - The redemption price is set at 100.1529 yuan per bond, which includes accrued interest [6][8]. - The redemption registration date is February 13, 2026, and the payment date for the redemption amount is February 24, 2026 [6][11]. Conditions for Redemption - The company has triggered the conditional redemption clause as the stock price has been above 130% of the conversion price (38.51 yuan) for at least 15 trading days [5][7]. - The redemption can occur if either the stock price condition is met or if the remaining unconverted bonds are less than 30 million yuan [7]. Investor Actions - Investors are advised to either convert their bonds or sell them in the secondary market before the last trading day to avoid forced redemption [4][16]. - The company will freeze all unconverted bonds after the registration date, and they will be redeemed at the specified price [9][16]. Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, affecting the net redemption amount [14][15].