Xingfa Chem(SH:600141) Xin Lang Cai Jing·2026-02-05 19:12Core Viewpoint - The company announces the early redemption and delisting of its convertible bonds, "Xingfa Convertible Bonds," with specific dates and conditions for investors to be aware of [1][4][13]. Group 1: Redemption Details - The last trading day for "Xingfa Convertible Bonds" is set for February 26, 2026, with only 9 trading days remaining as of February 5, 2026 [2][12]. - The last conversion date is March 3, 2026, with 12 trading days left as of February 5, 2026 [3][12]. - The redemption price is established at 100.6699 CNY per bond, which includes the face value and accrued interest [4][9]. Group 2: Conditions for Redemption - The conditional redemption clause was triggered as the company's stock price was above 130% of the conversion price for 15 out of 16 trading days from January 6 to January 27, 2026 [5][8]. - The redemption registration date is March 3, 2026, and all bonds registered by this date will be subject to redemption [6][9]. Group 3: 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 [5][18]. - The company will notify bondholders of the redemption process and related matters before the redemption period ends [9][10]. 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 100.5359 CNY per bond after tax [14]. - Resident enterprises must self-manage their tax obligations on bond interest income, while qualified foreign institutional investors will receive the gross redemption amount without tax deductions [15][16].